Correct ANSWERS only with EXPLANATION, otherwise I will downvote.

Problem 4: Advanced: Choice Ltd. grants 100 stock options to each of its 1,000 employees o 1.4.2009 for Rs.20 depending upon the employees at the time of vesting of options. Option would be exercisable within a year(it is vestech. The market price of the share is Rs.50. Thes options will vest at the end of year 1 if the earning of Choice Ltd is 16%, or it will vest at the en of the year 2 if the average earning of two years is 13% or lastly it will vest at the end of the thin year if the average earning of 3 years will be 10%. 5,000 unvested options lapsed 31.03.2010, 4,000 unvested options lapsed on 31.3.2011 and finally 3,500 unvested option lapsed on 31.3.2012. Following is the earning of Choice Ltd: Year ended on Earning (in %) 31.03.2010 14% 31.03.2011 10% 31.03.2012 7% 850 employees exercised their vested options within a year and remaining options w unexercised at the end of the contractual life. Pass Journal entries for the above. (S