Tom recently received 2,000 shares of restricted stock from his employer,Independence Corporation,when the share price was $10 per share.Tom's restricted shares vested three years later when the market price was $14.Tom held the shares for a little more than a year and sold them when the market price was $20.What is the amount of Tom's income or loss on the vesting date?
A)$0.
B)$10,000.
C)$20,000.
D)$28,000.2,000 × $14 (market price on vesting date) .

Question

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The Answer of Tom recently received 2,000 shares of restricted stock from his employer,Independence Corporation,when the share price was $10 per share.Tom's restricted shares vested three years later when the market price was $14.Tom held the shares for a little more than a year and sold them when the market price was $20.What is the amount of Tom's income or loss on the vesting date?
A)$0.
B)$10,000.
C)$20,000.
D)$28,000.2,000 × $14 (market price on vesting date) .

Tom Recently Received 2,000 Shares of Restricted Stock from His