Question $30$

$1$ pts

On January $1,2019,$ QRS Company granted $80,000$ stock options to certain executives. The option vesting period is $4$ years ending on December $31,2022.$ Each option can be exercised to acquire one share of $$1$ par common stock for $$5.$ The fair value of each option was estimated to be $$3$ on the grant date. What amount should QRS recognize as compensation expense for $2020?$

$$240,000$

$$60,000$

$$80,000$

$$100,000$