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Misla Corporation offered an incentive stock option plan to its employees. On January 1, 2018, options granted for sixty thousand S1 par common shares. The

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Misla Corporation offered an incentive stock option plan to its employees. On January 1, 2018, options granted for sixty thousand S1 par common shares. The exercise price equals the $5 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2021, and expire December 31, 2022. Each option has a fair value of SI based on an option pricing model. 3. Which is the correct entry to record compensation expense for the year 20187 A) Compensation expense B) C) D) Compensation expense Paid-in capital-stock options Common stock Paid-in capital - stock options Paid-in capital - stock options 12,000 20,000 20,000 80,000 12,000 20,000 20,000 80,000 Compensation expense Compensation expense 4. Which is the correct entry to record market price of the stock was $8? the exercise of 90% the options on April 15, 2021, when the A) Cash 270,000 Paid-in capital - stock options Common stock Paid-in capital - excess of par 54,00060.000 378,000 264000 54,000 54,000 B) Cash Paid-in capital - stock options Common stock Paid-in capital - excess of par 270,000 378,000 54,000 C) Cash Paid-in capital -stock options Compensation expense 108,000 Common stock Paid-in capital- excess of par 270,000 378,000 54.000 54,000 D) Cash Paid-in capital - stock options Common stock Paid-in capital-excess of par 270,000 what is the entry to record the expiration of 10% of the options on December 31, 2022? A) Paid-in capital- stock options B) Paid-in capital - stock options C) Paid-in capital - stock options D) Stock options receivable Paid-in capital - expiration to stock options Retained earnings Compensation expense Common stock 6000 6.000 6.000 6,000 6000 6,000 30,000 6.000 Paid-in capital- excess of par 27,000

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