二、OnJanuary 1, 2008, Tilanial ]ne‘ granted stock options to otficers and key employees for llie purchase of 20,000 shares oi the compauy's $10 par common slock al $30 per share. The options were exercisable within a 5-year period beginning January 1, 2010, bye grantees still in ihe employ of Ihe company, and expiring December 31, 2014. The service period for ihis award is 2 years. Assume lhal the fair value oplion pricing mode] determines lolal compensation expense to be $350,000.On April 1, 2009, 2,000options were terminated when the employees resigned fiom the company.The market value of the common stock was $35 per share on this dale.On March 31, 2010, 10,000 options were exercised when Ihe markel value of the common slock was $40 per share.‘Instructions: (20 分）
(a)Prepare journal entries to record issuance of llie slock oplions, termination of Ihe slock options, exercise of the stock oplions, and charges lo compensation expense, for the years ended December 31, 2008,2009, and 2010.