Current Attempt in Progress On June 30, 2021. Vaughn Manufacturing granted compensatory stock options for 27000 shares of its $24 par value common stock to certain of its key employees. The market price of the common stock on that date was $32 per share and the option price was 529. Using a fair value option pricing model total compensation expense is determined to be 599000. The options are exercisable beginning January 1, 2023, providing these key employees are still in the employ of the company at the time the options are exercised. The options expire on June 30, 2024 On January 4, 2023, when the market price of the stock was 537 per share all options for the 27000 shares were exercised. The service period is for two years beginning January 1, 2021. Using the fair value method, what should be the amount of compensation expense recorded by Vaughn Manufacturing for these options on December 31, 2021? $99000 $49500 $23204 $0