The treasurer of Wildhorse Co. has read on the internet that the stock price of Wade Inc. is about to take off. In order to profit from this potential development, Wildhorse Co.purchased a call option on Wade common shares on July 7, 2025, for $238. The call option is for 198 shares (notional value), and the strike price is $71. (The market price of a share of Wade stock on that date is 5713 The option expires on January 31, 2026. The following data are available with respect to the call option Date Market Price of Wade Shares Time Value of Call Option September 30, 2025 576pershare $176 December 31 2025 74 per share 65 January 4, 2026 75 per share Prpare the journal entries for Wildhorse Co. for the following dates The treasurer of Wildhorse Co. has read on the internet that the stock price of Wade Inc. is about to take off. In order to profit from this potential development, Wildhorse Co.purchased a call option on Wade common shares on July 7, 2025, for $238. The call option is for 198 shares (notional value), and the strike price is $71. (The market price of a share of Wade stock on that date is 5713 The option expires on January 31, 2026. The following data are available with respect to the call option Date Market Price of Wade Shares Time Value of Call Option September 30, 2025 576pershare $176 December 31 2025 74 per share 65 January 4, 2026 75 per share Prpare the journal entries for Wildhorse Co. for the following dates