On January 1, 2020, Benny Company granted 40,000 stock options to officers permitting the holder to purchase one share of the company's $10 par common stock within the next 5 five years, but not before December 31, 2022 (the vesting date). The $29 exercise price is equal to the market price at the date of grant An option pricing model determined the fair value of each option is $6. Prepare the journal entry to record the exercise of 20% of the options on June 30, 2023. Parah Arial 3 (121) E.E. T T