1 pts On January 1, Year 7, a company grants 10,000 stock options to an employee with an exercise price of $4 per option and a fair value of $8 per option. All of the options vest at the end of 5 years from the grant date. At the end of Year 7, the company's stock price was $10 per share. What amount of annual stock compensation cost should the company report for Year 7? O $20,000 O $16,000 O $8,000 O $0 The board of directors of a corporation declares a 30% common stock dividend on a date when its $1 par value common stock is trading at $10 per share. There are 2,000 shares outstanding. Which of the following should be part of the journal entry to record the declaration of the stock dividend? O Retained earnings is debited for $600. O Common stock is credited for $2,000. Additional paid-in capital is credited for $5,400. Retained earnings is debited for $300