Pinya Corporation

On January 1, 2020, an Pinya Corporation entity granted share options to each of the 300 employees working in the

sales department. The share options vest at the end of a three-year period provided that the employees remain in

the entitys employ and provided the volume of sales will increase by an average of 10% per year. The fair value of

each share option on grant date is P20. If the sales increase by 10%, each employee will receive 210 share options.

If the sales increase by 15% per year, each employee will receive 310 share options. During 2020, the sales

increased by 13%. During 2021, the sales increased by 14%. During 2022, the sales increased by 16%. By the end of

2022, 10 employees left the entity.

1. Compute for the compensation expense for 2020

2. Compute for the compensation expense for 2021

3. Compute for the compensation expense for 2022