Question 7 (1 point) Saved On January 1, 2019, Anderson granted options to employees to purchase 30,000 shares of $1 par value stock. Use the following information to determine the compensation expense for 2019: Strike price of the options: $20/share Stock trading price on 1/1/19: $25/share Black-Scholes value of the options on 1/1/19: $15/share Stock trading price on 12/31/19: $30/share Option vesting period: 4 years $112,500 $150,000 $225,000 $187,500 Question 7 (1 point) Saved On January 1, 2019, Anderson granted options to employees to purchase 30,000 shares of $1 par value stock. Use the following information to determine the compensation expense for 2019: Strike price of the options: $20/share Stock trading price on 1/1/19: $25/share Black-Scholes value of the options on 1/1/19: $15/share Stock trading price on 12/31/19: $30/share Option vesting period: 4 years $112,500 $150,000 $225,000 $187,500