Hi, Ma'am/Sir! Can someone help me to answer this Multiple Choice questions? I need an explanation and computational on every question. Thank you! :>

2. At December 31, 20X7, the market price of the stock is P47 and the Black-Sholes-Merton pricing model estimated the value of the option at P18. At December 31, 20X7, Morey Corp should report on its balance sheet a liability for stock appreciation rights of a. 340,000 b. 360,000 c. 40,000 d. 60,000 (AICPA)PROBLEM 6: MULTIPLE CHOICE - COMPUTATIONAL 1. On January 2, 20X6, Morey Corp. granted Dean, its president 20,000 stock appreciation rights. On exercise, Dean is entitled to receive cash for the excess of the stock's market price on the exercise date over the market price on the grant date. The rights are exercisable beginning on January 2, 20X8 and expiring on December 31, 20X8. The market price of Morey's stock was P30 on January 2, 20X6 and P45 on December 31, 20X6. Morey used the Black-Sholes-Merton pricing model and estimated the values of each right at P16 each. As a result of the stock appreciation rights, the company should recognize compensation expense for 20X6 of a. 300,000 b. 320,000 c. 150,000 d. 160,000 (AICPA)