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On January 1, 2010, Hilltop, Inc. granted to a key executive a fixed compensatory option plan for 1,000 shares of exist4 par stock for exist30

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On January 1, 2010, Hilltop, Inc. granted to a key executive a fixed compensatory option plan for 1,000 shares of exist4 par stock for exist30 a share. The fair value per option on that date was exist12 per option. The service period extended through December 31, 2011. Refer to Exhibit 5. What entry, if any, was required on December 31, 2010? Answers A. no entry was necessary B. Compensation Expense 12.000 Common Stock option Warrants 12.000 C. Compensation Expense 6.000 Common Stock option Warrants 6.000 D. Compensation Expense 9.000 Deferred Compensation 9,000

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