Exercise 16-10 option plan that non granted on January 2, 2018, and were exercisable 2 vears after the date of arant if the arantee was still an emplovee of the company, The options expired 6 vears from date of arant. The option price was set at $30, and the fair value option-pricing model determines the total compensation expense to be $373,500 All of the options were exercised during the year 2020: 16,600 on January 3 when the market price was $66, and 8,300 on May when the market price was $77 a share. Prepare journal entries relating to the stock option plan for the years 2018, 2019, and 2020. Assume that the employee performs services equally in 2018 and 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round intermediate calculations to 5 decimal places, e.g. 1.24687 and final answers to decimal places, e.g. 5,125.) Account Titles and Explanation Debit Credit Date Jan. 3, 2020 May 1, 2020