Hi, Ma'am/Sir! Can someone help me to answer this questions? I need a computational and explanation on every question. Thank you! :>

PROBLEM 6: MULTIPLE CHOICE - COMPUTATIONAL 1. On January 2, 20X6, Morey Corp. granted Dean, its president, 20,000 stock appreciation rights. On exercise, Dean is entitled to receive cash for the excess of the stock's market price on the exercise date over the market price on the grant date. The rights are exercisable beginning on January 2, 20X8 and expiring on December 31, 20X8. The market price of Morey's stock was P30 on January 2, 20X6 and P45 on December 31, 20X6. Morey used the Black-Sholes-Merton pricing model and estimated the values of each right at P16 each. As a result of the stock appreciation rights, the company should recognize compensation expense for 20X6 of a. 300,000 b. 320,000 c. 150,000 d. 160,000 (AICPA)