On January 1, 2019, Maurer Corp. granted an employee an option to purchase 12,000 shares of Sharp's $5 par value common stock at $20 per share. The Black-Scholes option pricing model determines total compensation expense to be $240,000. The option became exercisable on December 31, 2020, after the employee completed two years of service. The market prices of Maurer's stock were as follows January 1, 2019 December 31, 2020 For 2020, should recognize compensation expense under the fair value method of $30 50 $180,000. $60,000 $140,000. $120.000