Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 84,000 $1 par common shares. The exercise price equals the $5 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2024, and expire December 31, 2025. Each option has a fair value of $1 based on an option pricing model. Which is the correct entry to record compensation expense for the year 2021? Multiple Choice Compensation expense Paid-in capital-stock options 16,800 16,800 Compensation expense Common stock 28,000 28,000 28,000 Compensation expense Paid-in capital-stock options 28,000 Compensation expense Paid-in capital-stock options 112,000 112,000