On January 1, 2021, Hugh Morris Comedy Club (HMCC) granted 1.7 mllion stock optlons to key executives exercisable for 1.7 million shares of the company's common stock at $30 per share. The stock options are Intended as compensation for the next three years The options are exercisable within a four-year period beginning January 1, 2024, by the executives stll in the employ of the company. No options were terminated during 2021. The market price of the common stock was $35 per share at the date of the grant. HMCCC estimated the fair value of the options at $6 each. 1% of the options are forfelted during 2022 due to executive turnover. What amount should HMCC record as compensation expense for the year ended December 31, 2022, assuming HMCC chooses the option to record forfeltures as they actually occur? (Enter your answer in whole dollars.) Compensation expense 2022