3 Larm Corp. offered an Incentive stock option plan to its employees. On January 1, 2021, options were granted for 6.500 $1 par common shares. The exercise price equals the 13 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2024, and expire December 2025. Each option has a fair value of $1 based on an option pricing model. Which is the correct entry to record the exercise of 70% the options on April 15, 2024, when the market price of the stock was $6? Multiple Choice Cash Paid-in capital-stock options Common stock Paid-in capital-excess of par 143,850 47,950 68.500 123,300 Cash Paid-in capital-stock options Common stock Paid-in capitii-excess of par 239,750 47,950 47,950 1239,750 Paid in capital stock options Coron stock Pato in capital-excess of par 143,850 7.250 60.500 123,300 Canh Paid-in capital-stock options common stock Paid-in capital excess of par 239.750 47.950 47,950 239.750 O Cash Paid-in capital-stock options Compensation expense Common stock Paid-in capital excess of par 143.850 47,950 95,900 47.950 239, 750