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rush please QUESTION 18 18. On January 1, 2021. Ritter Company granted stock options to officers and key employees for the purchase of 20.000 shares

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rush please
QUESTION 18 18. On January 1, 2021. Ritter Company granted stock options to officers and key employees for the purchase of 20.000 shares of the company's 51 par common stock at 520 per share as additional compensation for services to be rendered over the next three years. The options are exercisable during a five-year period beginning January | 2024 by grantees still employed by Ritter, The Black-Scholes option pricing model determines total compensation expense to be 5240,000. The market price of common stock was $26 per share at the date of grant. The Journal entry to record the compensation expense related to these options for 2021 would include a credit to the Paid In Capital-Stock Options account for O A 580.000 8. 536,000 C. 540,000 D. 560.000

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