At the beginning of year 1, Jordyn Ltd grants 500 share options to each of its 100 employees, conditional on the employee remaining in the employ of Jordyn Ltd over the next 2 years.
The company estimates that the fair value of the options on grant date is \($8.\) On the basis of a weighted average probability, Jordyn Ltd estimates that 15% of its employees will leave during the vesting period. At the end of year 1 eight employees have left, and James Ltd estimates that a further four will leave during year 2. By the end of year 1 the company’s share price has dropped, and it decides to reprice the share options. It estimates that the fair value of the original share options is \($4\) and the fair value of the repriced share options is \($6. Five\) employees leave during year 2.

Required 

Prepare a schedule setting out the remuneration expense to be recognised at the end of years 1 and 2.