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Pineapple Express established a cash-settled share appreciation right (SAR) plan for its employees on January 1, 2022. At that time, 500,000 SARS were granted, fair

Pineapple Express established a cash-settled share appreciation right (SAR) plan for its employees on January 1, 2022. At that time, 500,000 SARS were granted, fair value of the SARS was $6 per SAR. The SARS vest in 2 years, and expire on January 1, 2030. The benchmark price is $25. Other information is as follows: What is compensatiorkexpense for the year ended December 31, 2023? O a. $1,622,500 b. 4,185,000 c. $2,522,500 d. $(1,395,000)

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