Pastner Brands is a calendar-year firm with operations in several countries. As part of its executive compensation plan, at January 1, 2024, the company issued 420,000 executive stock options permitting executives to buy 420,000 shares of Pastner stock for $35 per share. One-fourth of the options vest in each of the next four years beginning at December 31, 2024 (graded vesting). Pastner elects to separate the total award into four groups (or tranches) according to the year in which they vest and measures the compensation cost for each vesting date as a separate award as given below. Vesting Date December 31, 2024 December 31, 2025 December 31, 2026 December 31, 2027 Amount Vesting 25% 25% T 25% 25% Assume Pastner measures the fair value of all options on January 1, 2024, to be $4.40 per option using a single weighted-average expected life of the options assumption. Required: 1. Determine the compensation expense related to the options to be recorded each year 2024- 2027, assuming Pastner allocates the compensation cost for each of the four groups (tranches) separately. 2. Determine the compensation expense related to the options to be recorded each year 2024- 2027, assuming Pastner uses the straight-line method to allocate the total compensation cost. Determine the compensation expense related to the options to be recorded each year 2024-2027, assuming Pastner allocates the compensation cost for each of the four groups (tranches) separately. Note: Enter your answers in whole dollars. Compensation Expense Recorded in: Shares Vesting at: 2024 2025 2026 2027 Total December 31, 2024 ? ? ? ? 69 $ 0 December 31, 2025 ? 0 December 31, 2026 0 December 31, 2027 0 Total $ 0 $ 0 $ 0 $ 0 $ 0 Determine the compensation expense related to the options to be recorded each year 2024-2027, assuming Pastner uses the straight-line method to allocate the total compensation cost. Note: Enter your answers in whole dollars. 2024 Compensation expense 2025 2026 2027 Total ? ? ? $ 0