Question 6 On January 1,2016, Tiger Corp. grants 20 of its employees compensatory stock options. These options allow the employees the right to purchase 100 shares of its $1 par value common stock for $15 a share after a 4 year service period. On the grant date, the options have a fair value of $7.60 per option. Based on the historical turnover rate, Tiger expects 5 ernployees will not vest in the plan, On January 1, 2020, 4 employees decide to redeem their options. Which of the following is included in the journal entry to record the redemption of options on January 1,2020 ? DR Paid-In Capital from Share Options $3,040 DR Compensation Expense $6,000 DR Cash $9,040 CR Common Stock $9,040 NONE of the other answers are correct