Chapter 19 Questions Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 3 Under its executive stock option plan, National Corporation granted 30 million options on January 1, 2021, that permit executives to purchase 30 million of the company's $1 par common shares within the next six years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, $31 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. Suppose that unexpected turnover during 2022 caused the forfeiture of 5% of the stock options. Compute the amount compensation expense for 2022 and 2023. (Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50)) X Answer is not complete. Compensation expense ($ in millions) $ 38.00 X 2022 2023