Well Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 66,000 $1 par common shares. The exercise price equals the $4 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 13,200 Paid-in capital-stock options 13,200 Compensation expense Common stock 22,000 22,000 Compensation expense 22,000 Paid-in capital-stock options 23,000 Compensation expense 3,000 Paid-in capital-stock options