Drie Company granted 126,000 stock options to employees on 12/31/2021 as compensation over the next 3 years. The options had a strike price of $41 per share and market prices of $49 on 12/31/2022 and $47 on 12/31/2023. If they originally estimated the original fair value to be $1,260,000, how much compensation expense should they recognize on 12/31/2023, assuming that the options can only be used to purchase stock?