Lance Chips granted restricted stock units $($RSUs$)$ ?representing $66$ ?million of its $$1$ ?par common shares to executives, subject to forfeiture if employment is terminated within four years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $$6$ ?per share on the grant date. The total compensation cost pertaining to the restricted stock units is:

$$66$ ?million.

$$99$ ?million.

$$6$ ?million.

$$396$ ?million.

Question $26$ ?

On January $1,2024,$ ?Donnelly Company granted $100,000$ ?stock options to certain executives. The options are exercisable no sooner than December $31,2026,$ ?and expire on January $1,2030.$ ?Each option can be exercised to acquire one share of $$1$ ?par common stock for $$12.$ ?An option$-$pricing model estimates the fair value of the options to be $$5$ ?on the date of grant.

What amount should Donnelly recognize as compensation expense for $2024?$

Note: Round your answer to the nearest dollar amount.

$$200,000$

$$33,333$

$$66,666$

$$166,667$