Brief Exercise 19-3 Stock options L019-2] Under ts executive stock option plan National Corporation granted options on January 1,2016, that perm executives to purchase 15 million of the company's $1 par common shares within the next eight years, but not before December 31, 2020 (the vesting date) The exercise price is the market price of the shares on the date of grant, $32 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeltures are anticipated 1. ignonng taxes, what is the total compensation cost pertaining to the stock options? (Enter your answer 2 ignoring taxes what is the effect on earings in the year after the octons are granted to executives Enter your answer in mlions .e.10,000,000 should be entered as 101) milion TOSHIBA 8 7 2 3 4 5 6 8 9 W ERT UO DFGH