In order to retain certain key executives, Marigold Corp. granted them Incentive stock options on December 31, 2020 102000 options were granted at an option price of $30 per share. Market prices of the stock were as follows: December 31, 2018 $44 per share December 31, 2019 49 per share The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1, 2021. The Black-Scholes option pricing model determines total compensation expense to be $1060000. What amount of compensation expense should Marigold recognize as a result of this plan for the year ended December 31, 2021 under the fair value method? O $3060000 $1060000 $530000. $1166000