19. Why would you accept a salary of $10,000 less from a company in exchange for stock options? Then, assume you are granted options to buy 10,000 shares of stock from a startup company for $10 per...

Please show me how to calculate earnings from the stock options with the scenario below.

Extracted text: 19. Why would you accept a salary of $10,000 less from a company in exchange for stock options? Then, assume you are granted options to buy 10,000 shares of stock from a startup company for $10 per share. They have a four year vesting period. At the end of year 1 the price of the stock is $30 per share and it is $80 at the end of year 4. How much can you earn if you exercise options in year 1 and year 4. Show your work.