10 Problem 19-1Stock options; forfeiture; exercise ILO19-2) On October 15, 2017, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives On January 1, 2018, 32 milion stock options were granted, exercisable for 32 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2021 and December 31, 2023, at 80% of the quoted market price on January 1 20B which was S30. The fair value option to recognize forfeitures only when they occur of the 32 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the eBook Ask Print eeferences Ten percent (3.2 million) of the options were forfeited when an executive resigned in 2019 All other options were exercised on July 12 2022, when the stock's price jumped unexpectedly to $34 per share. Required: 1. When is Ensor's stock option measurement date? 2. Determine the compensation expense for the stock option plan in 2018. (lgnore taxes.) 3.& 5. Prepare the necessary journal entries Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 and 5 is Ensor's stock option measurement date? Determine the compensation expense for the stock option plan in 2018 (Ignore taxes.) (Enter your answer in millions (L.e., 10,000,000 should be entered as 10).) K Prev 10 of 6 Next > 10 Journal entry worksheet eflock Ask Print References Record compensation expense on December 31, 2019. Note: Enter debits belore credits Date General Journal Debit Credit 2019 Record entry Clear entry View general journal 10 Journal entry worksheet eBlook Record compensation expense on December 31, 2019. Ask Print References Note: Enter debits before credits General Journal Debit Credit 2019 Record entry Clear entry View general journal