The Velvet Undergrоund, Inc. hаs the fоllоwing stock option compensаtion plаns. Both plans have a service period of two years from each respective grant date and expire at the end of five years from each respective grant date. 2019 Stock Option Plan: Granted 8,000 options on January 1, 2019 to purchase stock at $30 per share. Fair value of the options was determined to be $80,000. 1,000 options related to this plan expired at the end of 2023. 2022 Stock Option Plan: Granted 20,000 options on January 1, 2022 to purchase stock at $35 per share. Fair value of options was determined to be $240,000. 4,000 options are forfeited in 2023 when an employee resigns from the Company. What amount of compensation expense will the Company report on its 2023 income statement?
Is 942 divisible by 2? [2] Is 942 divisible by 3? [3] Is 942 divisible by 5? [5] Is 942 divisible by 6? [6] Is 942 divisible by 10? [10]
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