Financial Reporting Company E(CE)grants two executives 150 options each with 50 options vesting at the end of each year for three years. CE expects the executives to earn all options. The fair value of the options is given as follows: Vesting at end of year 1$ 15 Vesting at end of year 2$ 10 Vesting at end of year 3$ 5 Question: Assuming one executive leaves unexpectedly in Year 3 prepare the journal entries for each year. Discuss the deferred income tax implications of this stock option plan