On $1$ July $2021$ Courtney Ltd grants $200$ options to each of its $50$ employees conditional on the employee remaining in service over the next three years. The fair value of each option at the grant date is estimated to be $$12.$ Courtney also estimates that $12$ employees will leave over the three year vesting period.

By $30$ June $20224$ employees have left and the entity estimates that a further $8$ employees will leave over the next two years.

On $1$ July $2022$ Courtney decided to reprice its share options, due to a fall in its share price over the last $12$ months. At the date of repricing, Courtney estimates that the fair value of each original option is $$4$ and the fair value of each repriced option is $$8.$

During the year ended $30$ June $2023$ a further $4$ employees left and Courtney estimates that another $4$ employees will leave during the next year.

During the year ended $30$ June $2024$ only $3$ employees left. The share options vested on $30$ June $2024.$

The yearly incremental remuneration expense for the year ended $30$ June $2023$ is:

Question $3$ Answer

a$.$

$50667$

b$.$

$76000$

c$.$

$30400$

d$.$

$30400$

e$.$

$45600$