i Question Help d an On January 1, 2017, Cable Corporation issues 11,000 stock- appreciation rights to its key executives. The terms of the plan state that the holders of the rights will receive a cash payment equal to the difference between the market price of the stock on the date of exercise and the pre-established price of S12 per share. There is a three-year vesting period and the rights may be exercised on January 1, 2020. The rightsyo OL expire on January 1, 2022. The closing market prices follow ma December 31, 2017 December 31, 2018 December 31, 2019 $15 per share $18 per share $16 per share rs. exp What is the appropriate journal entry when the stock-appreciation rights are exercised on January 1, 2020 when the market price is $16 per sh share? us O A. 44,000 Obligation under SAR Plan dat 44,000 Cash 306 B. Compensation Expense 176,000 176,000 l/qu Obligation under SAR Plan nua c. 176,000 obl gation under SAR Plan Deferred Compensation s a 176,000