Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of 2020. The exercise price is $28 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $5.50 per option. If the options have a vesting period of five years and there were no forfeitures then what should be the cumulative balance in "Paid-in Capital-Stock Options" at the end of 2022 - three years after the grant date? I A B D A credit balance of $9.2 million. A credit balance of $3.3 million. A credit balance of $1.1 million. A debit balance of $3.3 million.

Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of 2020, The exercise price is $28 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $5.50 per option. If the options have a vesting period of five years and there were no forfeitures then what should be the cumulative balance in "Paid-in Capital-Stock Options" at the end of 2022 - three years after the grant date? A credit balance of $9.2 million. B A credit balance of $3.3 million. A credit balance of $1.1 million. A debit balance of $3.3 million. Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of 2020. The exercise price is $28 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $5.50 per option. If the options have a vesting period of five years and there were no forfeitures then what should be the cumulative balance in "Paid-in Capital-Stock Options" at the end of 2022 - three years after the grant date? A credit balance of $9.2 million. A credit balance of $3.3 million. A credit balance of $1.1 million. A debit balance of $3.3 million