Melon Cauli established a cash settled share appreciation right (SAR) plan for its employees on January 1, 2022 At that time, 500,000 SARS were granted fair value of the SARS was $6 per SARL The SARS vest in 2 years, and expire on lanuary 1, 2030, The benchmark price is $25 Other information is as follows: Date Fair value per share Forfeiture rates Ton 1.2022 56 Dec 31, 2022 7 5X Dec 31, 2023 5 Share Price 99 What is compensation expense for the year ended December 11, 2023 4,185,000 b. 52,522,500 C$1,622,500 d. S(1.395,000