(Solved): Question 14 of 20 View Policies Current Attempt in Progress On January 1, 2025, Oriole Company grant ...

Question 14 of 20 View Policies Current Attempt in Progress On January 1, 2025, Oriole Company granted stock options to officers and key employees for the purchase of 19200 shares of the company's

par value common stock at

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 1,2028 by grantees still employed by Oriole. The BlackScholes option-pricing model determined total compensation expense to be

. The market price of common stock was

per share at the date of grant. The journal entry to record the compensation expense related to these options for 2025 would include a credit to the Paid-in CapitalStock Options account for

.

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