TB MC Qu. 19-41 (Algo) Trafford Company is a calendar-year U.S. firm... year, 30% the second year, and 50% the third year (graded-vesting). Trafford does not choose to account for the options on a straight-line basis. The fair value of the options is estimated as follows: What is the compensation expense related to the options to be recorded in 2025 ? Multiple Choice $368,000 $138,000 $349,600 $276,000