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 308,000 executive stock options permitting executives to buy 308,000 shares of Pastner stock for $33 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. The fair value of each tranche is estimated at January 1, 2024, as follows: Vesting Date Amount Vesting Fair Value per Option December 31, 2024 25% $ 4.00 December 31, 2025 25% $ 5.00 December 31, 2026 25% $ 6.00 December 31, 2027 25% $ 7.00 Assume Pastner prepares its financial statements using International Financial Reporting Standards (IFRS). Required: Determine the compensation expense related to the options to be recorded each year 2024-2027, assuming Pastner prepares its financial statements using International Financial Reporting Standards (IFRS). Note: Enter your answers in whole dollars. Compensation Expense Recorded in: Shares Vesting at: 2024 2025 2026 2027 Total December 31, 2024 $ 0.00 December 31, 2025 0 December 31, 2026 0 December 31, 2027 0 Total $ 0 0 0 0 0