The stockholders' equity section of Wildhorse Inc. at the beginning of the current year appears below.

Common stock, $$10$ par value, authorized $1,066,000$ shares, $319,000$ shares issued and outstanding $$3,190,000$

Paid$-$in capital in excess of par$-$common stock

$569,000$

Retained earnings

$552,000$

During the current year, the following transactions occurred.

The company issued to the stockholders $98,000$ rights. Ten rights are needed to buy one share of stock at $$31.$ The rights

were void after $30$ days. The market price of the stock at this time was $$33$ per share.

The company sold to the public a $$188,000,10\%$ bond issue at $103.$ The company also issued with each $$100$ bond one

detachable stock purchase warrant, which provided for the purchase of common stock at $$29$ per share. Shortly after

issuance, similar bonds without warrants were selling at $96$ and the warrants at $$7.$

All but $4,900$ of the rights issued in $(1)$ were exercised in $30$ days.

At the end of the year, $80\%$ of the warrants in $(2)$ had been exercised, and the remaining were outstanding and in good

standing.

During the current year, the company granted stock options for $10,000$ shares of common stock to company executives. The

company, using a fair value option$-$pricing model, determines that each option is worth $$10.$ The option price is $$29.$ The

options were to expire at year$-$end and were considered compensation for the current year.

All but $1,000$ shares related to the stock$-$option plan were exercised by year$-$end. The expiration resulted because one of the

executives failed to fulfill an obligation related to the employment contract.

Prepare general journal entries for the current year to record the transactions listed above. $($List all debit entries before credit

entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No

Entry" for the account titles and enter $0$ for the amounts. Do not round intermediate calculations. Round answers to $0$ decimal places, e$.$g$.$

$5,125.)$

No$.$ Account Titles and Explanation