on January 1st, 2014, Trent company granted Dick Williams, an employee,an option to buy 400 shares of Trent Company stock for $30 per share, the option exercisable for 5 Years From date of Grant. Using a fair value option pricing model, total compensation expense is determined to be $3,600. Williams exercised his option on September 1st, 2014, and sold his 400 shares on December 1st, 2014. Quoted market prices of Trent Company's stock during 2014 were: January 1st $30 per share , September 1st $36 per share, December 1st $40 per share. The service period is for two years beginning January 1st, 2014. As a result of the option granted to Williams, using the fair value method, Trent should recognize compensation expense for 2014 on its books in the amount of. multiple choice a period is $3,600 B. $1,800 C. $0 or D. $4,000