On January 1, 2021, Farmer Fabrication issued stock options for 400,000 shares to a division manager. The options have an estimated fair value of $7 each. To provide additional incentive for managerial achievement, the options are not exercisable unless divisional revenue increases by 4% in three years. Farmer initially estimates that it is probable the goal will be achieved. How much compensation will be recorded in 2021 2022 2023? Answer is complete but not entirely correct. Compensation