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On January 1, 2019, Bramble Corp. granted Sam Wine, an employee, an option to buy 1,000 shares of Bramble Co. stock for $30 per share, the option exercisable for 5 years from date of grant. Using a fair value option pricing model, total compensation expense is determined to be $5580. Wine exercised his option on October 1, 2021 and sold his 1,000 shares on December 1, 2021. Quoted market prices of Bramble Co. stock in 2021 were:

July 1$28 per share

October 1$34 per share

December 1$38 per share

The service period is for three years beginning January 1, 2021. As a result of the option granted to Wine, using the fair value method, Bramble should recognize compensation expense for 2019 on its books in the amount of

$0.

$5580.

$1860.

$1395.

On January 1, 2019, Bramble Corp. granted Sam Wine, an employee, an option to buy 1,000 shares of Bramble Co. stock for $30 per share the option exercisable for 5 years from date of grant. Using a fair value option pricing model, total compensation expense is determined to be $5580. Wine exercised his option on October 1, 2021 and sold his 1,000 shares on December 1, 2021. Quoted market prices of Bramble Co. stock in 2021 were: July 1 $28 per share October 1 $34 per share December 1 $38 per share The service period is for three years beginning January 1, 2021. As a result of the option granted to Wine, using the fair value method, Bramble should recognize compensation expense for 2019 on Its books in the amount of $0. $5580 O $1860 $1395

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