On July 4, 2019, Beta Co. bought call options for $4,800, giving them the "right" to buy 2,000 shares of Zion Co. for $20 per share. On August 17, 2019, when the option value is $24,000, Zion Co. settles the option for cash. Beta Co's entry to record the settlement is: O a. Cash........... 24000 Gain or Loss on Derivatives. 24000 O b. Cash.............. ...... 24000 Derivatives-Financial Assets/Liabilities....... 24000 Cash........... ......... 24000 Derivatives-Financial Assets/Liabilities....... 4800 Gain or Loss on Derivatives.... 19200 Od. Derivatives-Financial Assets/Liabilities............... Cash........... 4800 19200 Gain or Loss on Derivatives 24000 n On Aug 3, 2019, Gamma Co. enters into a forward contract to buy 5,000 Euros (EUR) for $ 7,600 Canadian (CAD) on September 1, 2019. On August 31, 2019, 5,000 EUR can be purchased for $7,000 CAD. On September 1, Gamma Co. settles the contract but doesn't take delivery of the EUR. The entry to record the change in value of the contract on August 31, 2019 is Oa. Gain or Loss on Derivatives..... Derivatives-Financial Assets/Liabilities....... O b. Derivatives-Financial Assets/Liabilities........... Gain or Loss on Derivatives......... Oc Other Comprehensive Loss......... Derivatives-Financial Assets/Liabilities..... O d. no entry. 600 600 600 600 600 600 Compensation expense resulting from a compensatory stock option plan (CSOP) is generally recognized O a. O b. in the period of exercise. over the periods of the employee's service life to retirement. at the grant date. O d. in the periods in which the employee performs the service. On Jan 1, 2019, for past services provided, Hercules Co. granted Natalie Wright, its VP Finance, 36,000 "stock appreciation rights" (SARS) that may be immediately exercised and expire on January 1, 2020. On exercise, Wright is entitled to receive cash for the excess of the market price of the shares on the exercise date over the market price on the grant date. Wright did not exercise any of the rights during 2019. The market price of Hercules Co.'s shares was $31 on January 1, 2019, and $41 on December 31, 2019. As a result of the stock appreciation rights, Hercules Co. should recognize compensation expense for 2019 of Oa. $0.00 O b. $1,620,000.00 Oc $1,260,000.00 Od. $360,000.00