Orange Inc. issued 26,500 nonqualified stock options valued at $53,000 (in total). The options vest...

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Accounting

Orange Inc. issued 26,500 nonqualified stock options valued at $53,000 (in total). The options vest over two yearshalf in 2017 (the year of issue) and half in 2018. One thousand options are exercised in 2018 with a bargain element on each option of $7. What is the 2018 book-tax difference associated with the stock options

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