Under its executive stock option plan, National Corporation granted options on January 1, 2016, that permit executives to purchase 18 million of the company's $1 par common shares within the next seven years, but not before December 31, 2019 (the vesting date). The exercise price is the market price of the shares on the date of grant, $22 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. Suppose that unexpected turnover during 2017 caused the forfeiture of 5% of the stock options. Compute the amount of compensation expense for 2017 and 2018. (Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50)) Compensation expense ($ in millions) 2017 2018