On January $1,2025,$ Bramble Company granted Joseph Moore, an employee, an option to buy $1000$ shares of Bramble Co$.$ stock for

$$30$ per share, with the option exercisable for $5$ years from the date of grant. Using a fair value option pricing model, total

compensation expense is determined to be $$5580.$ Moore exercised his option on October $1,2025$ and sold his $1000$ shares on

December $1,2025.$

Quoted market prices of Bramble Co$.$ stock in $2025$ were:

July $1$$$28$ per share

October $1$$$34$ per share

December $1$$$38$ per share

The service period is three years, beginning January $1,2025.$ As a result of the option granted to Moore, using the fair value method,

Bramble should recognize compensation expense for $2025$ in the amount of

$$1395.$

$$1860.$

$$5580.$

$$0.$