On January $1,2025,$ Oriole Company granted William Brown, an employee, an option to buy $500$ shares of Oriole Co$.$ stock for $$30$ per

share, with the option exercisable for $5$ years from the date of grant. Using a fair value option pricing model, total compensation

expense is determined to be $$5240.$ Brown exercised his option on September $1,2025,$ and sold his $500$ shares on December $1,2025.$

Quoted market prices of Oriole Co$.$ stock during $2025$ were:

January $1,$$$28$ per share

September $1$$$34$ per share

December $1$$$38$ per share

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