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10,000 stock options have been granted to management as an incentive to grow the company. The options have been valued using the Black-Scholes option pricing

10,000 stock options have been granted to management as an incentive to grow the company. The options have been valued using the Black-Scholes option pricing methodology at $1.50 per option and vest over five years. What impact does the grant of these options have on the financial statements of the company?

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