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Heidi Software Corporation provides a variety of share-based compensation plans to its employees, Under its executive stock option plan, the company granted options on January 1, 2021, that permit executives to acquire 21 milion of the company's $1 par common shares within the next five years, but not before December 31, 2022 (the vesting date). The exercise price is the market price of the shares on the date of grant. $20.50 per share. The fair value of the 21 million options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated. Ignore taxes. Required: 1. Determine the total compensation cost pertaining to the options. 2. Prepare the appropriate journal entry to record the award of options on January 2021 3. Prepare the appropriate journal entry to recore compensation expense on December 31, 2021 4. Prepare the appropriate journal entry to record compensation expense on December 31, 2022. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 to 4 Determine the total compensation cost pertaining to the options. (Enter your answer in millions de 10,000,000 should be entered as 10).) milion Total compensation cos! > Journal entry worksheet Record the award of options on January 1, 2021. Note: Enter debits before credits Debit Credit General Journal Date January 01, 2021 Journal entry worksheet 2 3 Record compensation expense on December 31, 2021. Note: Enter debits before credits, General Journal Debit Credit Date December 31, 2021 Journal entry worksheet