Qu10 Not yet answered Marked out of 3 Pag question 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 $30 30 Fair value of options at grant date 5 Service period Ayears On July 1, 2020. 3 executives resigned from Jawwal Co. Prepare the journal entry related to the resignation of the 3 executives uider the stock option plan Select one a Debit PIC-Stock Option for 7.500 and crede Compensation Expense for $7,500 b. Debit Unearned Compensation for $12.500 and credit Compensation Expense for $12.500 Debit Uneamed Compensation for $7.500 and credit Compensation Expense for $7.500 Dete PIC-Stock Option for 12.500 and creds Compensation Expense for $12.500 Chalmy chose + # Q 2 3 74 85 % > 6 0 8 &7