Pastner Brands is a calendar-year firm with operations in several countries. As part of its executive compensation plan, at January 1, 2018, the company issued 480,000 executive stock options permitting executives to buy 480,000 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, 2018 (graded vesting). Pastner elects to measure the fair value of all options on January 1, 2018, to be $6.60 per option (tranche) 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 2018-2021, 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 2018-2021, assuming Pastner uses the straight-line method to allocate the total compensation cost. A Al Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the compensation expense related to the options to be recorded each year 2018-2021, assuming P the compensation cost for each of the four groups (tranches) separately. (Round your answers to two decimal your answers in thousands.) Compensation Expense Recorded in: 2019 2020 2021 Total $ 792,000.00 396,000.00 Shares Vesting at: Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2020 Dec. 31, 2021 Total 2018 $ 792,000.00 396,000.00 264,000.00 198,000.00 1,650,000.00 $198,000.00 $198,000.00 264,000.00 396,000.00 $ 1,848,000.00 $ 0.00 $ 0.00