On November $1,2025,$ Whispering Company adopted a stock$-$option plan that granted options to key executives to purchase $21,900$ shares of the company's $$9$ par value common stock. The options were granted on January $2,2026,$ and were exercisable $2$ years after the date of grant if the grantee was still an employee of the company. The options expired $6$ years from date of grant. The option price was set at $$50,$ and the fair value option$-$pricing model determines the total compensation expense to be $$328,500.$

All of the options were exercised during the year $2028$ : $14,600$ on January $3$ when the market price was $$66,$ and $7,300$ on May $1$ when the market price was $$77$ a share.

Prepare journal entries relating to the stock option plan for the years $2026,2027,$ and $2028.$ Assume that the employee performs services equally in $2026$ and $2027.($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. Do not round intermediate calculations. Round answers to $0$ decimal places, e$.$g$.5,125.$ Record entries in the order displayed in the problem statement.$)$