Jawwal Company has a stock-option plan for 10 executive officers to purchase 2,000 shares each of the company's $5 par value common stock in the future. The company grants the options on January 1, 2020. The executives may exercise the options at any time after providing a 5-year service period. The following data relate to the option plan. Exercise price per option $50 Market price per share at grant date 60 Fair value per option at grant date 6 Service period 5years Prepare the journal entry related to the stock-option plan at December 31, 2020. O a Debit Unearned Compensation for $20,000 and credit Compensation Expense for $20,000. O b. Debit Compensation Expense for $24,000 and credit Unearned Compensation for $24,000. O c. Debit Compensation Expense for 24,000 and credit PIC- Stock Option for $24,000. Od Debit PIC- Stock Option for 20,000 and credit Compensation Expense for $20,000