Question 23 (28 points) On 1/1/22, Stonger Corporation granted stock options representing options to buy 10 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within four years. Assume the following: .The options expire six years after the grant date. The option exercise price is $16 per share. The fair value of the options is $4 per option. The common shares had a market price of $10 per share on the grant date. At the date of grant, Stonger anticipated that 10% of the recipients would leave the firm prior to vesting. Required: 1. Record compensation expense on 12/31/22. 2. Record compensation expense on 12/31/23. 3. Record compensation expense on 12/31/24. Assume the company revises its forfeiture estimate to 15% during 2024. 4. Record compensation expense on 12/31/25. 5. Assume half the remaining options are exercised on 12/31/26. Record the appropriate journal entry.