On January 1, 2018, Tunis Inc, granted stock options for 50.000 common shares to key employees, at an option price of $ 25. on that the market price of the common shares was $23. The Black Scholes option ring model determined total compensation expense to be 5 375.000. The options exercisable beginning January 1, 2021, provided the key employees are employed by Tunis at the time the options are exercised. The options expire on January 1, 2022. On January 2, 2021, when the market price of the shares was 529 per share, all 50,000 options were exercised. The amount of compensation experise Tunis should have recorded for calendar 2020 is 01) $0. 2) $ 50,000. 3) $ 125,000. 4) $ 187,500. 5) $ 375,000