14. On January 1,2016, G Corp. granted stock options to key employees for the purchase of 88,000 shares of he company's common stock at $24 per share. The options are Intended to compensate employees for the next two years. The options are exercisable within a four-year perlod beginning January 1, 2018, by the grantees still In the employ of the company. No options were terminated during 2016, but the company does have an experience of 3% forfeitures over the life of the stock options. The market price of the common stock was $30 per share at the date of the grant. G Corp. used the Binomial pricing model and estimated the fair value of each of the optlons at $9. What amount should G charge to compensation expense for the year ended December 31, 2016? O $768.240 O $396,000 O $384,120 O $792000. esc 8 4