Anderson Co. approved a 10,000 share option plan for executives on January 1, 2020, for the purchase of 10,000 shares of \(\$ 1\) par value common stock at \(\$ 30\) per share if the stock price of Anderson Co. is at least \(\$ 45\) a share in two years. The options vest over a two-year period (considered the requisite service period) and expire in 3 years. The company estimates the fair value of the options to be \(\$ 3\) per share based upon an option-pricing model. Management does not believe that it is probable that the stock price will appreciate to \(\$ 45\) in two years. Record compensation expense (if any) for 2020.