On November 1, 2020, Riverbed Company adopted a stock-option plan that granted options to key executives to purchase 25,500 shares of the company's $9 par value common stock. The options were granted on January 2, 2021, 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 $382,500 All of the options were exercised during the year 2023: 17,000 on January 3 when the market price was $65, and 8,500 on May 1 when the market price was $76 a share. Prepare journal entries relating to the stock option plan for the years 2021 2022 and 2023. Assume that the employee performs services equally in 2022 and 2023. (Credit account tities 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. Round intermediate calculations to 5 decimal places, eg 1.24687 and final answers to O decimal places, eg. 5.125) Date Account Titles and Explanation Debit Credit Jan. 2,2021 No Entry Dec 31, 2021 Compensation Expense 186750 Pald-in Capital-Stock Options 18: Dec 31, 2021 Compensation Expense 186750 Paid-in Capital Stock Oations 181 Date Account Titles and Explanation Debit Credit Jan. 2. 2021 No Entry Dec 31, 2021 Compensation Expense 186750 Paid-in Capital-Stock Options 184 Dec. 31.2021 Compensation Expense 186750 Paid-in Capital-Stock Options 18 Jan 3, 2023 Cash 498000 Paid-in Capital Stock Options 249000 Common Stock 14: Paid-in Capital in Excess of Par. Common Stock 597 May 1, 2023 Cash 249000 Paid-in Capital-Stock Options 124500 Common Stock 7: Pald-in Capital in Excess of Par - Common Stock 291