3 Check my work Under its executive stock option plan, National Corporation grented 25 million options on January 1, 2018, that permit executives to purchase 25 million of the company's $1 par common shares within the next eight years, but not before December 31. 2020 (the vesting date). The exercise price is the market price of the shares on the date of grant, $29 per share. The fair value of the options, estimated by an appropriate option pricing model, is $3 per option. Suppose that the options are exercised on April 3, 2021, when the market price is $35 per share. .28 ints Ignoring taxes, what journal entry will National record? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10)) eBook View transaction list Print Journal entry worksheet References Record entry for options exercised on April 3, 2021, when the market price is $35 per share. Note: Enter debits before credits. Debit Credit Date General Journal April 03, 2021 View general journal Clear entry Record entry