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During the current year, the following transactions occurred. 1. The compary issued to the stockholders 92,000 rights. Tren richts are necded to buy one share

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During the current year, the following transactions occurred. 1. The compary issued to the stockholders 92,000 rights. Tren richts are necded to buy one share of sock at 535 . The rights were void after 30 days. The market price of the stockat this time was 537 per share. 2. The company soid to the public a $194,000,100 bond assue at 100 . The company Alse issued with each $100 band one detachable stock purchase warrant, which provided for the purchase of common stock at $13 per thare. Shorth after issuance, similar bonds without warrants were selling at 96 and the warrants at $7. 3. All but 4.600 of the rights issued in (1) were exercised in 30 days? 4. At the end of the year, 8005 of the warrants in (2) had been exercised, and the remaining were outstanding and in pood standing. 5. Durine the current year, the company granted stock options for 10.800 shares of common stock to company esecutives. Thy company, using a fair value option-pricing model, determines that each option is worth $10. The cotion price is 539 . The options were to expireat year-end and were considered compensation for the current year. 6. All but 1.080 shares related to the stock-option plan were exereised by year-end. The expiration resulted because one of the executhes failed to fulfill an obligation related to the employment contract. Prepare general journal entries for the current year to record the transactions listed above. fCredit-account tutles are outomaticafly indented when amount is entered. Do not indent manually. If no entry is requiled, telect "Mo Entry" for the account titles and enter D for the amounts. Round intermediate calculations to 7 decimat olaces, es: 1.2468756 and frnat answers to o decimal places. A.8. 5,125.) 4. 5. 6. For options exercised: Foroutions lansed

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