Please help me with the Journal entry for this question.

In addition to selling the preferred shares to the CEO, on January I, 20XI, the company also granted her 400,000 stock options Each option, gives the holder the right to buv one common share SS each The options are compensation arising from the signing of a twmear employment contract at the beginning ofthe year. Half of the options vest on December 31, 20XI while the other half vest one year later. The accountant recorded no entries with regard to these options because the CEO did not exercise any of them. You have performed some preliminary calculations of the fair value of these stock options using the Black Scholes model and have determined that on January I, 20XI the fair value of the I-year options was 52 while the fair value for the mear options was 53 eacm By December 31, 20XI these values were 54 and SS