On January 1, 2014, Quicken Corporation granted 5,000 options to executives.Each option entitles the holder to purchase one share of Fenways $5 par value common stock at $50 per share at any time during the next 5 years.The market price of the stock is $65 per share on the date of grant.The fair value of the options at the grant date is $150,000.The period of benefit is 2 years.Prepare Quickens journal entries for January 1, 2014, and December 31, 2014 and 2015