out of Jawwal Co. has a stock-option plan for 10 executive officers. Each stock option represents the right to purchase a share of Jawwal's $4 par value common stock in the future, at a price equal to the fair value of the stock at the date of the grant. Jawwal has 10,000 stock options outstanding, which were granted at the beginning of 2018. The following data relate to the option plan. Exercise price for options Market price at grant date Fair value of options at grant date Service period $30 30 4years On July 1, 2020, 3 executives resigned from Jawwal Co. Prepare the journal entry related to the resignation of the 3 executives under the stock option plan. Select one: O a. Debit PIC-Stock Option for 7.500 and credit Compensation Expense for $7.500. b. Debil Unearned Compensation for $7.500 and credit Compensation Expense for $7.500, Debt Uneamed Compensation for $12.500 and credit Compensation Expense for $12,500 ut of Star Company holds available for sale bond securities with a par value and amortized cost of $1 million. The fair value of these securities is $850,000. In evaluating the securities at December 31, 2020, Star determined that it's expected credit loss is $120,000. At December 31, 2020 Star Company records the Impairment as follows. Select one: O a. Debit Loss on Impairment for $150,000 and credit Allowance for Impaired Debt Investments - AFS for $150,000 O b. Debit Loss on Impairment for $120,000 and credit Allowance for Impaired Debt Investments - AFS for $120,000. Oc. Debit Loss on Impairment for $120,000 and credit Debt Investments AF$ for$120,000. d. Debit Loss on impairment for $150,000 and credit Debt Investments - AFS for $150,000