On January 1, 2019, Wise Company granted stock options for 60,000 shares of its $10 par value common stock to its key employees. The market price of the common stock on that date was $25 per share and the exercise price was $25. The Black-Scholes option pricing model determines total compensation expense to be $630,000. The options are exercisable beginning January 1, 2022, provided those key employees are still employed by the Wise Company. The options expire on January 1, 2023, On January 1, 2022, when the market price was $40, 10,000 options were exercised. This transaction results in assets being increased by