On April 30, 20x3, an entity subject to IFRS provided their senior employees with a 20,000 stock option grant. The exercise price is $8.25 and an option valuation model values the grant at $65,000. The vesting period ends on April 30, 20x5 and the exercise period ends on December 31, 20x5. The following are management's estimates of the number of options vesting: December 31, 20x3 - 19,000 options December 31, 20x4 - 16,600 options April 30, 20x5 - 17,200 options actually vested On May 1, 20x5, 10,000 options were exercised when the stock price was $18.90. On December 28, 20x5, the remaining options were exercised when the stock price was $21.30. Required - Write all journal entries for the above.