Martin Corporation granted an incentive stock option to employee Caroline on January 1, 2015. The option price was $150, and the FMV of the Martin stock was also $150 on the grant date. The option allowed Caroline to purchase 160 shares of Martin stock. Caroline exercised the option on August 1, 2019, when the stock's FMV was $250. Unless otherwise stated, assume Caroline is a qualifying employee. If Caroline sells the stock on September 5, 2021, for $350 per share, she must recognize (ignore alternative minimum tax)