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View Policies Current Attemptin Progress On January 1, 2019, Carla Corporation granted 11.000 option to key executives. Each option allows the cutive to purchase on

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View Policies Current Attemptin Progress On January 1, 2019, Carla Corporation granted 11.000 option to key executives. Each option allows the cutive to purchase on share of Carla's $5 par value common stock at a price of $ 21 per share. The options were criable within a 2-year period beginning January 1, 2021, if the grantee is still employed by the company at the time of the cards. On the grant date. Carla's stock was trading at $26 per share, and a fair value option priciny model determines total compensation to be $ 429,000, On May 1, 2021, 8.800 options were corched when the market price of Carla's stock was $ 29 pershare. The remaining options lapsed in 2023 because cutives decided not to exercise their options Prepare the necessary journal entries related to the stock option plan for the years 2019 through 2022. (Credit account titles are automatically indented when amounts entered Do not Indent may no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit Date Account Titles and explanation D Jan. 1.2019 No Entry No Entry Dec 31, 2019 Compensation Paid in a stock Option Dec 31.000 Compensation per Padin Capital Exped Stock Options May 1, 2001 Metained in R! NWP Amen Boot - Excel Date Account Titles and Explanation ut.2014 No Entry NOCY Dec 31, 2017 Comotion Pidato bom De 11.2000 Padre Sock Ootion May 1 2020 Retained in Jan 1 2003 Attempts of used Submit Anw Sve torte Last saved 3 minutes Saved work will be auto-mitted on the due date Auto NW Amat? * B1 Geel

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