On January $1,2026,$ Sunland inc. granted stack aptiors to olficars and lay employess for the purchase of $23,000$ sharss of the

company's $$10$ par comman stock at $$25$ per shara. The options warz earcisable within a $5-$yar pariod beginning January $1,2028,$ by

grantess still in the emplay of the company, and eqiring Decamber $31,2032.$ The sanice period for this avard is $2$ years. Assume that

the fair value option$-$pricing modal determinss tatal compensation arpenca to be $$330,500.$

On April $1,2027,2,300$ aptians wara tarminatad whan the amployess rasianad from the company. The markat prica af the common

stock was $$36$ par share on this data.

On March $31,2028,13,800$ aptions wars evarcised when the markat price of the common stock was $$39$ per share.

Prspars journal antriss to record issuanca of tha stock aptions, tarmination of the stock options, sarcise of the stock options, and

charges to campensation evpense, for the years ended December $31,2026,2027,$ and $2028.($Liast all debit entries before credit entries.

Credit account titles are automatically indented when amount is entered. Do not indent manuallk. If no entry is required, select $"$No Entry" for

the account titles and enter $0$ for the amounts. Record entries in the order disployed in the problem statement.$].$