Trafford Company is a calendar-year U.S. firm with operations in several countries. At January 1, 2024, the company had issued 72,000 executive stock options permitting executives to buy 72,000 shares of stock for $25. The vesting schedule is 20% the first 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: Vesting Date December 31, 2024 December 31, 2025 December 31, 2026 Amount Vesting Fair Value per Option 20% $5 30% $ 10 50% $15 What is the compensation expense related to the options to be recorded in 2025? Multiple Choice $100,000 $273.600 $216.000 $280.000