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A&A Company granted stock options for 15,600 of its common shares to its senior executives on January 1, 2017 The market price of the common

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A&A Company granted stock options for 15,600 of its common shares to its senior executives on January 1, 2017 The market price of the common shares of A&A Company on January 1, 2017 was $37. An option pricing model determined the total compensation expense would be $660,000. The options are exercisable starting January 1, 2021, as long as the executives are still employed by A&A Company. The options expire on January 1, 2023. On May 9, 2021, all executives exercise all of their options. The amount of compensation expense A&A should record for the stock option plan for the year ended December 31, 2020 is: $0 $220,000 $165.00 An option pricing model determined the total compensation expense would be $660,000. The options are exercisable starting January 1, 2021, as long as the executives are still employed by A&A Company. The options expire on January 1, 2023. On May 9, 2021, all executives exercise all of their options. The amount of compensation expense A&A should record for the stock option plan for the year ended December 31, 2020 is: O $0 $220,000 $165,000 $330,000

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