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December 31,2022.80,000 options were granted at an exercise price of $35 per share. Market prices of the stock were as follows: The options were granted

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December 31,2022.80,000 options were granted at an exercise price of $35 per share. Market prices of the stock were as follows: The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1,2023 . The option pricing model determines total compensation expense to be $800,000. What amount of compensation expense should the corporation recognize as a result of this plan for the year ended December 31, 2023

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