On January 1 Year 1, Axis Corporation granted employees 54 500 stock options for 54,500 shares of $1 par value common stock The exercise price on the date of issue was equal to the market price of $21. There is a two yearvesting period and the options expire in four years. Employees have the right to sell back the shares to the corporation within six months of exercise. The fair value of the options has been estimated to be 536 per option and the company does not expect any forfeitures of the options What is the journal entry for compensation expense for Year 12 O A Compensation Expense 1.144 500 Liability for Stock-based Compensation 1.144.500 OB. Compensation Expense Deferred Compensation 1.144.500 1,144 500 . C. Compensation Expense Deferred Compensation 981,000 981,000 OD. Compensation Expense 901.000 Liability for Stock-based Compensation 901000