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I need typed answer with explanation otherwise I will report to your answer and don't use AI BOT. Explain step by step I will thumb up.

The stockholders of Meadow Corp. approved a stock-option plan that grants the company's top three executives options to purchase a maximum of 1,000 shares each of Meadow's $2 par common stock for $19 per share. The options were granted on January 1 when the fair value of the stock was $20 per share. Meadow determined that the fair value of the compensation is $300,000 and the vesting period is three years. What amount of compensation expense from the options should Meadow record in the year the options were granted? O $60.000 O $20.000 O $300,000 O $100,000

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