On January $1,2023,$ Swifty Corp. granted an employee an option to purchase $7200$ of Swifty's no par value common shares at $$50$ per share. The Black$-$Scholes option pricing model determined total compensation expense to be $$200000.$ The option became exercisable on December $31,2024,$ after the employee completed two years of service. The market prices of Swifty's shares were as follows:

January $1,2023$

$$38$

December $31,2024$

$$52$

For calendar $2024,$ Swifty should recognize compensation expense of

$$86400.$

$$100000$

$$360000$

$$0.$