On January 2, 2016, Abba Corp. (a calendar-year company) grants 18,200 stock options with a 3-year vesting period to employees. On the grant date, the market price of the $1 par value stock is equal to the exercise price of $17 per share. On the date of grant, the estimated value of the options is $5 per option. During 2019, when the market value of the stock is $29 per share, 6,180 stock options were exercised. Abba Corp, should recognize this event by crediting Common Stock fors