Exhibit 15-5 On January 1, 2016, Roberts Company adopts a compensatory share option plan and grants 40 executives 1,000 shares each at $30 a share. The fair value per option is $7 on the grant date. The company estimates that its annual employee turnover rate during the service period of three years will be 4%. Refer to Exhibit 15-5. The journal entry to record compensation expense for 2016 will be (Round your final answer to the nearest whole dollar.)

a)Compensation Expense 82,575

Paid-in Capital Share Options 82,575

b)Compensation Expense 247,726

Paid-in Capital Share Options 247,726

c)Compensation Expense 91,467

Paid-in Capital Share Options 91,467

d)Compensation Expense 93,333

Common Stock Option Plan 93,333