on october 1, 2021, iona frisbee co. issued stock options for 470,000 shares to a division manager. the options have an estimated fair value of $3 each. to provide additional incentive for managerial achievement, the options are not exercisable unless divisional revenue increases by 4% in three years. frisbee initially estimates that it is probable the goal will be achieved. how much compensation will be recorded in each of the next three years?
