Finish ot yet answered Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 72,000 $1 par common shares. The exercise price equals the $3 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2024, and expire December 31, 2025. Each option has a fair value of $1 based on an option pricing model. arked out of 1.00 Flag question Which is the correct entry to record compensation expense for the year 2021? Select one: A. Compensation expense Common stock B. Compensation expense Paid-in capital-stock options C. Compensation expense Paid-in capital-stock options D. Kompensation expense Paid-in capital-stock options 24,000 24,000 24,000 24,000 14,400 14,400 96,000 96,000 Next Hide anvereation or background noise en Stop sharing Finish attempt answered Olsson Corporation received a check from its underwriters for $80 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for SB0 per share. out of 1.00 Which is the correct entry to record the issue of the stock? uestion 2 7 Select one: A. Kash Common stock Pald-in capital -excess of par B. Cash Deferred stock issue revenue Common stock Paid-in capital-excess of par c. Cash Common stock 80,000,000 5,000,000 75,000,000 80,000,000 22,000,000 5,000,000 53,000,000 80,000,000 80,000,000 80,000,000 22,000,000 58,000,000 D. Cash Stock issue expense Stock contract receivable Stop sharing Hide Next page mcbs.proctoring online is sharing your screen OM