Question #2: British Columbia Company (BCC) adopted a compensatory stock option plan on December 31, 2012. The options are non-transferrable; and are exercisable from January 1, 2015 and they expire six years after the date of issuance. An individual must be an employee of the company on the exercise date in order to exercise the options. On January 1, 2013, manager Tony Nguyen was granted options for 1,200 shares (1:1 conversion to shares) at an exercise price of $25 per option. Option pricing models produced a related compensation value of $60,000 on January 1, 2013; the market value of the common shares at that time being $14. Nguyen exercised 900 of the options on January 3, 2018 and did not exercise the remaining options as he left BCC in late 2018. Required 1: Prepare all entries (annualized totals if applicable) related to Tony Nguyen's options. 1 January 2013 No entries on grant; disclosure of fact only 31 December 2013: 31 December 2014: 31 December 2015: 3 January 2018 (exercise date): 8 (forfeiture date): Required 2: What would have been the accounting treatment (provide entry) if Tony Nguyen left the company to "pursue other career interests" on January 2, 2015