3. 10.00 points Under its executive stock option plan, National Corporation granted options on January 1, 2016, that permit executives to purchase 30 milion of the not before December 31, 2018 (the vesting date). T the date of grant, $27 per share The fair value of the options, estimated by an appropriate option pricing model, is S4 per option. Suppose that the options expire without being exercised s $1 par common shares within the next eight years, but he exercise price is the market price of the shares on Ignoring taxes, what journal entry will National record? (If no entry is required for a transaction/event, select No jourmal entry reguired in the first account fheld. Enter your answers in millions (i.e 10,000,000 should be entered as 10)) Wew transaction list Journal entry worksheet Record entry for the options that expired without being exercised. Note: Enter debits before credits Debit Credit Record ery Vlow general journal