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share of $1 par common stock for $10. An option-pricing model estimates the fair value of the options to be $4 on the date of

share of $1 par common stock for $10. An option-pricing model estimates the fair value of the options to be $4 on the date of grant. How much compensation expense should Modern recognize in 2022 as a result of this stock option grant? (Round your answer to the nearest dollar amount.) Multiple Cnoice $62,000 $124,000 $155,000 $31,000

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