Question 21 2 pts Under its executive stock option plan, JB Corp. granted options on January 1, 2016, permitting executives to purchase 200,000 shares of the company's $1 par common stock within the next eight years, but not before December 31, 2019 (the vesting date). The exercise price is set at the stock's market price on the date of grant, $20 per share. The fair value of the options, estimated by an appropriate option pricing model, is $8 per option. At 12/31/16 100% of the options are estimated to vest, and the stock's market value is $24/share. How much compensation expense should be recognized in 2016? $ 0 $200,000 $400,000 $1,600,000