On bamuary $1\mathrm{.}2025,$ Sunland Company granted stock options to officers and key employees for the purchase of $18500$ shares of the company $$1$ par value common stock at $$20$ per share as additional compensation for services to be rendered over the next three wran. The options are ewercisable during a five year period beginning January $1,2028$ by grantees still employed by Sunland. The Black$-$Scholes option$-$pricing model determined total compensation expense to be $$191100.$ The market price of common stock was $526$ per share at the date of grant.

The journal entry to record the compensation expense related to these options for $2025$ would include a credit to the Paid$-$in CapitalStack Options account for

$538220.$

$$63700.$

$537000.$

So$.$