On November 1,2025, Coronado Company adopted a stock-option plan that granted options to key executives to purchase 33,900 shares of the compary's $9 par value common stock. The optionswere 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 $30, and the fair value option-pricing model determines the total compensation expense to be $508,500. Alt of the options were exercised during the vear 2028; 22,600 on January 3 when the market price was 565 , and 11,300 on May 1 when thegrarket price was $74 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 bities are automatically indented when amount is entered Do not indent manually, if no entry is required, select "No Entry for the occount titles and enter o for the amounts. Do not round? intermediate calculations. Round answers to 0 decimal places, es. 5, 125. Record entries in the onder displayed in the problem statement.)