The word "Ashengrace" is spelled with two syllables, each pronounced separately. The first syllable is pronounced with the short 'a' sound /æ/ as in the word "ash," followed by the consonant cluster 'sh' pronounced as /ʃ/. The second syllable begins with the 'gr' consonant cluster, pronounced as /ɡr/, followed by the long 'a' sound, pronounced as /eɪ/. Therefore, the correct pronunciation of "Ashengrace" in IPA transcription would be /ˈæʃənɡreɪs/.