On January $1,2024,$ Donnelly Company granted $91,000$ stock options to certain executives. The options are exercisable no sooner than December $31,2026,$ and expire on January $1,2030.$ Each option can be exercised to acquire one share of $$1$ par common stock for $$9.$ An option$-$pricing model estimates the fair value of the options to be $$4$ on the date of grant.

What amount should Donnelly recognize as compensation expense for $2024?$

Note: Round your answer to the nearest dollar amount.