company listed on the TSX. The common share price of Maritime fuctuates in value. Recent swings went from a high of $12 to a low of $0.20. Maritime issued stock options on 1 September 20X5 to a consultant was worth $34.000, but the company estimated that it could have had the necessa shares could be bought for s0.10 per share at any time over the next 10 years. The market price of common shares was $1.00 on the day the options were issued At the same time options were issued to the consultant, identical options were issued to the co set of stock options at $30,000. t, in exchange for a project completed over the last year. The consultant estimated her time work done for about $26,000 cash. The options specified that 7,000 common mpany lawyer for work done to date. An option pricing model valued each Required 1. Provide journal entries to record issuance of the two sets of o ptions. (if no entry is required for a transaction/event, select "No journal entry required" in the first Journal entry worksheet Record the entry for granting stock rights towards Consulting expense. al Jour Hi e company listed on the TSX. The common share price of Maritime fuctuates in value. Recent swings went from a high of $12 to a low of $0.20. Maritime issued stock options on 1 September 20X5 to a consultant was worth $34.000, but the company estimated that it could have had the necessa shares could be bought for s0.10 per share at any time over the next 10 years. The market price of common shares was $1.00 on the day the options were issued At the same time options were issued to the consultant, identical options were issued to the co set of stock options at $30,000. t, in exchange for a project completed over the last year. The consultant estimated her time work done for about $26,000 cash. The options specified that 7,000 common mpany lawyer for work done to date. An option pricing model valued each Required 1. Provide journal entries to record issuance of the two sets of o ptions. (if no entry is required for a transaction/event, select "No journal entry required" in the first Journal entry worksheet Record the entry for granting stock rights towards Consulting expense. al Jour Hi e