On january 1, 2012, sharp corp. granted an employee an option to purchase 9,000 shares of sharp's $5 par value common stock at $20 per share. the black-scholes option pricing model determines total compensation expense to be $210,000. the option became exercisable on december 31, 2013, after the employee completed two years of service. the market prices of sharp's stock were as follows: january 1, 2012 $30december 31, 2013 50for 2011, should recognize compensation expense under the fair value method of