Que 4: On June 30, 2018Calgary Corp. granted stock options for 30,000 of its no p common shares to key employees, at an option price of $ 36. On that date, the marke common shares was $ 32. The Black-Scholes option pricing model determined total compensation expense to be $ 720,000. The options are exercisable beginning Janua provided the key employees are still employed by Calgary at the time the options are The options expire on June 30, 2022. On January 2, 2021 , when the market price oft vas $ 42, all 30, options were exercised . The amount of compensation expense C have recorded for calendar 2020 is: