on January 1, 2020, Sunland Corporation granted 19,100 options to key executives. Each option allows the executive to purchase one share of Sanland's common shares tapice27 per dare The ptions were exercisable within a two-year period beginning January 1, 2022, if the grantee was still employed by the company at the time of the mercise. On the grant date, Sunlandshes were trading 23 per share, and a fair value options pricing model determined total compensation to be $750,000. Management has assured that there will be no forfeitures because they do not expect why of the key executives to leave. On May 1, 2022, 5,730 options were exercised when the market price of Sunland's shares was $32 per share. The remaining options lapsed in 2023 because executives decided not to sercise them anagement was indeed correct in their assumption regarding forfeitures in that all executives remained with the company. Assume that Suland follows FRS Prepare the necessary journal entries related to the stock option plan for the years ended December 31, 2020 through 2023. (Credit accountitles are usually indented when anfered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the count)