$1.$ On December $31$st $2013$ Payday Loans INC grants its employees options to purchase $50,000$ shares of $$1$ par common stock for $$12$ per share. The options will vest on $12/31/2017($after $4$ years$).$ On the date of grant the shares are trading for $$13$ per share and the options have a fair value of $$3$ each. On $1/1/2018$ the options have a fair value of $$15$ each. On that date, $1,000$ of the options are exercised when the stock price is $$26$ per share. The change in stockholders equity on that date will be