On January 1, 2024, Flay Foods issued stock options for 43,000 shares to a division manager. The options have an estimated fair value of $4 each. To provide additional incentive for managerial achievement, the options are not exercisable unless Flay Foods' stock price increases by 5% in four years. Flay Foods initially estimates that it is not probable the goal will be achieved. How much compensation will be recorded in each of the next four years