wall drugs offered an incentive stock option plan to its employees. on january 1, 2021, options were granted for 90,000 $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?
