On July 1, 20x1, Amos corporation granted nontransferable, nonqualified stock options to certain key employees as additional compensation. The options permit the purchase of 22,000 shares of AMos's $1 par common stock at a price of $29 per share. On the grant date, the stock's market value was $32 per share. The options were exercisable begining July 1, 20x5 and expire on July 1, 20x9. On Feburary 3, 20x7 when the stock was selling for $53, all options were exercised. Amos's tax rate is 21%. Amos has a December 31 year-end for financial reporting purposes. Compute the compensation expense recorded in 20x1 if the options are worth $15 per share on the grant date, and the tax benefit that Amos will recieve in 20x7