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On Jan. 1, 2021, Glaucus Corp. grants 100 share options to each of its 400 employees. Each grant is conditional upon the employee remaining in

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On Jan. 1, 2021, Glaucus Corp. grants 100 share options to each of its 400 employees. Each grant is conditional upon the employee remaining in the employ of the company over the next three years. Glaucus estimates that the fair value of each option is P20. On the basis of weighted average probability, Glaucus estimates that 100 employees will leave during the three-year period and therefore their right to the share option will be forfeited. During 2021, 30 employees had left and the entity decided to decrease the exercise price so that Glaucus reprices its share options, and that the repriced share options vest at the end of 2023. Glaucus estimates that a further 70 employees will leave during 2022 and 2023. During 2017, 35 employees left the company and the company estimates that 30 employees will leave in 2023, while during 2023, 28 employees left the company. At the beginning of 2022 (date of repricing), the company estimates that the fair value of each of the original share options granted (before taking into account the repricing) is P20 and that the fair value of each repriced share option is P23. Determine the amount of remuneration expense Glaucus should report for 2021, 2022 and 2023

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