On August 15, 2019, Metlock Co. invested idle cash by purchasing a call option on Counting Crows Inc. common shares for $450. The notional value of the call option is 500 shares, and the option price is $50. The option expires on January 31, 2020. The following data are available with respect to the call option. Market Price of Counting Crows Shares $60 per share $58 per share $59 per share Time Value of Call Option $225 Date September 30, 2019 December 31, 2019 January 15, 2020 38 Prepare the journal entries for Metlock for the following dates. (a) (b) (c) (d) Investment in call option on Counting Crows shares on August 15, 2019. September 30, 2019-Metlock prepares financial statements. December 31, 2019-Metlock prepares financial statements. January 15, 2020-Metlock settles the call option on the Counting Crows shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Tides and Explanation Debit Credit b) (To record the change in intrinsic value.) (To record the time value change.) HHH HH HH HH HH (To record the change in intrinsic value.) (To record the time value change) To record the time ye ue D (To record settlement of call option.)