QUESTION 19 In order to retain certain key executives, Smiley Corporation granted them incentive stock options on December 31, 2021. 100,000 options were granted at an option price of $30 per share. One option buys one share of stock Market prices of the stock were as follows: December 31, 2021 $30 per share December 31, 2022 $47 per share December 31, 2023 $51 per share The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1, 2022. The Black-Scholes option pricing model determines total compensation expense to be $1,000,000. Question: What is the impact on earnings on the day the options are granted? QUESTION 20 Question: Regarding the information in the question above, what amount of compensation expense should Smiley recognize as a result of this plan for the year ended December 31, 2022 under the fair value method? Just present as a positive number QUESTION 21 Regarding the information in question 19 above, if the intrinsic method had been used, Question: What would the compensation expense have been for 2022