On January 1,2025, Whispering Corporation granted 4,700 options to executives. Each option entitles the holder to purchase one share of Whispering's $5 par value common stock at $50 per share at any time during the next 5 years. The market price of the stock is 366 per share on the date of grant. The fair value of the options at the grant date is $164,000. The period of benefit is 2 years. Prepare Whispering's journal entries for January 1,2025, and December 31, 2025 and 2026. List all debit entries before credit entries Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the onder presented in the problem.) Search Dale Account Titles and Explanation 5 4 CR TO 5 6 4 4 7 8 A 9 7 9 Debit + 1 + Credit FEL u R T Y C 0 P 1 D EL F G H J K L A C V B N M 45F SY > estion 6 of 14 < -/7 E ! Date Account Titles and Explanation Debit Credit