(5 points) TFD, Inc. granted 344,000 stock options to employees on 12/31/2018 as compensation over the next 2 years. The options had a strike price of $44 per share and market prices of $53 on 12/31/2019 and $51 on 12/31/2020. If they originally estimated the original fair value to be $1,720,000, how much compensation expense should they recognize on 12/31/2020, assuming that the options can also be settled for cash? (NIE 14) Debit to compensation expense of $2,408,000 Debit to compensation expense of $9.116,000 Debit to compensation expense of $8,600,000 O Debit to compensation expense of $860,000