Practice Problem 5 (20 minutes) . On January 1, 2020, Neilson Ltd. granted share options to its 400 employees. Each employee will be able to exercise 600 share options if they remain in employment until December 31, 2022. At the date of granting, the share options were estimated to have a fair value of $2.50 each. During the year ended December 31, 2020, 20 employees left the company, and it was estimated that another 40 would leave by December 31, 2021. During 2021, 25 employees left, and the company estimated that the same number would leave in 2022. During 2022, 18 employees left. All eligible employees exercised their options on January 1, 2023. The options permitted employees to buy common shares of Neilson for $2.40 each. Required: a) Prepare calculations showing the amounts that would appear in the statements of comprehensive income of Neilson for the years ended December 31, 2020, 2021, and 2022, and the statements of financial position as at these dates. b) Prepare the journal entry to record the exercise of the options on January 1, 2023