At the beginning of 2018, Dogbert, Inc. adopted a stock option plan for key employees. Under the plan, options are exercisable beginning five years after the grant date for a maximum of eight years. On 1/1/18, Dogbert granted 100,000 options with an exercise (strike) price of $22 when the market price for Dogbert's $1 par value common shares was $22 per share. At that point in time, all options were expected to vest. Using the Black-Scholes Option Pricing Model, the fair value of each option was $16 as of 1/1/18. At the beginning of 2020, an unexpected number of executives departed, resulting in a decrease in the expected number of options to vest. The new estimate on 1/1/20 was 85,000 options. On 3/17/25, 75,000 options were exercised when the market price of Dogbert's stock was $30. Following that, the stock price plummeted, and the remaining 10,000 options expired unexercised on 1/1/26. Required - Prepare any necessary journal entries for 2018 - 2025 related to these stock options. Ignore taxes.