Under its executive stock option plan, National Corporation granted options on January 1, 2016, that permit executives to purchase 18 million of the company's $1 par common shares within the next seven years, but not before December 31, 2018 (the vesting date). The exercise price is the market price of the shares on the date of grant, $22 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. Suppose that the options expire without being exercised Ignoring taxes, what journal entry will National record? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Journal entry worksheet Record entry for the options that expired without being exercised Note: Enter debits before credits Event General Journal Debit Credit