2. On November 2, 2014, the stockholders of Moore Company voted to adopt a stock options plan for Moore's key officers. Options were granted to officers of Moore as of January 1, 2015, and at that time the option price was set at $30 According to terms of the option agreement, the officers of the company can purchase 36,000 shares as of Jan. 1, 2018. The shares represent compensation for 2015, 2016 and 2017. The options lapse on Dec. 31, 2018. On Febr. 1, 2018 options for 18,000 shares were exercised. The remaining options lapsed because the executives decided not to exercise. Par value of the stock is $10. The company has adopted the fair value method of expensing its stock options to employees and it has run the Black-Scholes option pricing model for these options. The company controller has also updated the pricing model through the date that the options were exercised. The "total" fair value (i.e., the exercise price has not been deducted yet) for all options per the original run of the model (and the updated runs) are shown below Estimated Total Fair Value of Options/per option Options Fair Value on Grant Date of 1/1/2015 Options Fair Value on 12/31/2015 Options Fair Value on 12/31/2016 Options Fair Value on 12/31/2017 Option exercise date Fair Value on 2/1/2018 $35 $36 $40 $44 A. What is the Total Compensation Expense (for all years) that the company will record that is related to these stock options? B. Make any necessary journal entries related to this stock option for 2015-2018