On January 1, 2016, J Company grants its operations manager 3,000 share options. The grant is conditional upon the operations manager remaining in the company's employ until the end of 2018. However, the share options cannot be exercised unless the share price has increased from P65 on January 1, 2016 to above P80 at the end of 2018. If the share price is above P80 at the end of 2018, the share options can be exercised any time during the next three years up to the end of 2021. The company takes into account the possibility that the share price will exceed P80 at the end of 2018 thus the share options become exercisable and the possibility that the share price will not exceed P80 at the end of 2018 thus the share options will be forfeited. The company estimates that the fair value of the share options at grant date is P28 per option A. What is the compensation expense in 2016? B. What is the compensation expense in 2017? C. What is the compensation expense in 2018?