Horton Co. was organized on January 2, 2018, with 500,000 authorized shares of $10 par value common stock. During 2018, Horton had the following capital transactions: January 5-issued 300,000 common shares at $14 per share. July 27purchased 25,000 shares of treasury stock at $11 per share. November 25-sold 15,000 shares of treasury stock at $12 per share. Horton used the cost method to record the purchase of the treasury shares. What would be the balance in the Paid-in Capital from Treasury Stock account at December 31, 2018? a) $0. b) $15,000. b c) $30,000. d) $45,000. On January 1, 2009, M Company granted 91,000 stock options to certain executives. The options are exercisable no sooner than December 31, 2011 and expire on January 1, 2015. Each option can be exercised to acquire one share of $1 par common stock for $13. An option-pricing model estimates the fair value of the options to be $3 on the date of grant. What amount should M recognize as compensation expense for 2009? (Round your answer to the nearest dollar amount.) a) $30,333 b) $60,666 c) $121,333 d) $91,000