Need entries for 2020 and 2022. Answer for 1 is 36,000,000.

SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a varlety of share-based compensation plans. Under Its nonqualified stock option plan, SSG granted options to key officers on January 1, 2018. The options permlt holders to acquire 12 million of the company's $1 par common shares for $11 within the next stx years, but not before January 1 2021 (the vesting date). The market price of the shares on the date of grant Is $13 per share. The falr value of the 12 million options, estimated by an appropriate option pricing model, Is $3 per option. Required: 1. Determine the total compensation cost pertalning to the Incentive stock option plan. 2 & 3. Prepare the appropriate Jounal entries to record compensation expense on December 31, 2018, 2019, and 2020. Record the exerclse of the options if all of the options are exercised on May 11, 2022, when the market price is $14 per share. Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Prepare the appropriate exercise of the options if all of the options are exercised on May 11, 2022, when the market price is $14 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e, 10,000,000 should be entered as 10).) l entries to record compensation expense on December 31, 2018, 2019, and 2020. Record the show less No Date Debit 1 December 31, 201 Compensation expense Paid-in capital-stock options 2 December 31, 201 Compensation expense Paid-in capital-stock options 132 36 3 3 December 31 Paid-in capital-stock options 12 03 158