In order to retain certain key executives, Crane Corporation granted them incentive stock options on December 31, 2024. A total of 157000 options were granted at an option 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. 2025. The Black-Scholes option-pricing model determined total compensation expense to be $1514000. What amount of compensation expense should Crane recognize as a result of this plan for the year ended December 31.2025 under the fair value method? $2638300$757000$1514000$1671000