Exercise 17-28 On August 15, 2019, Tamarisk Co. invested idle cash by purchasing a call option on Counting Crows Inc. common shares for $558. The notional value of the call option is 620 shares, and the option price is $62. The option expires on January 31, 2020. The following data are available with respect to the call option. Date September 30, 2019 December 31, 2019 January 15, 2020 Market Price of Counting Crows Shares $74 per share $71 per share $73 per share Time Value of Call Option $279 101 47 Prepare the journal entries for Tamarisk for the following dates. (a) (b) Investment in call option on Counting Crows shares on August 15, 2019. September 30, 2019-Tamarisk prepares financial statements. December 31, 2019-Tamarisk prepares financial statements. January 15, 2020-Tamarisk settles the call option on the Counting Crows shares. (d) (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 o for the amounts.) Date Account Titles and Explanation Debit Credit (a) (b) (To record the change in intrinsic value.) (To record the time value change.) (To record the change in intrinsic value.) (To record the time value change.) (To record the time value change.) (To record settlement of call option.)