Compensation Expense Assignment

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On January 1, 2018, M Company granted 93,000 stock options to certain executives. The options are exercisable no sooner than December 31, 2020, and expire on January 1, 2024. Each option can be exercised to acquire one share of S1 par common stock for $13. An option-pricing model estimates the fair value of the options to be S4 on the date of grant.

If unexpected turnover in 2019 caused the company to estimate that 20% of the options would be forfeited, what amount should final answer to the nearest whole dollar amount.) recognize as compensation expense for 2019? (Do not round intermediate calculations. Round your Multiple Choice 0 3124.000 52.000 0 331.000 0 346,500 0 374.400. Get Accounting homework help today

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