On November 1, 2017, Columbo Company adopted a stock-option plan that granted options to key executives to purchase 30,000 shares of the company's $10 par value common stock. The options were granted on January 2, 2018, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from the date of grant. The option price was set at $40, and the fair value option-pricing model determines the total compensation expense to be $450,000. 20,000 options were exercised on January 3rd, 2020 when the market price was $67. What is the amount of the Compensation Expense in the Journal Entry on December 31, 2018? Please do not use the S sign or the word dollars in your