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Help Seven ilini Co. granted options for 1 milion shares of its $1 par common stock at the beginning of the current year. The exercise

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Help Seven ilini Co. granted options for 1 milion shares of its $1 par common stock at the beginning of the current year. The exercise price is $34 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $700 per option If the options have a vesting period of five years, what would be the balance in "Paldin Capital Stock Options three years after the grant date? Multiple Choice A credit of $117 million A credit of $42 milion A debit of $117 milion Adbit of $42 million

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