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On January 1, 2017, Cora Inc. issues 100 shares of $5 par restricted stock to its key executives. The market value of unrestricted shares of the same stock on the date of issue is $32 and there is a four year vesting period. What is the amount of compensation expense recorded on December 31, 2017? 10000 A company provides compensatory stock options to its eligible employees. Which of the following is a true statement if 30 percent of the stock options issued by the company expire? Additional paid-in capital-expired stock options is credited to reflect the expired options. Common stock is debited to reflect the stock not issued to employees. No journal entry is required by the company. Compensation expense is credited for the expired options. On January 1, 2011, Air New Jersey Inc. issued $5000 in principal of 3-year bonds with a 3% stated interest rate and semi-annual payments (non-amortizing debt). The bond was sold at a $533 discount to par, which implied a 7% market interest rate. Which three of the following lines comprised the journal entry when Air New Jersey issued the bond to investors? Cr. Debt payable $5000 Dr. Discount on Debt Payable $533 Dr. Cash $4467 Cr. Debt payable $5533 Dr. Discount Expense $533 Dr. Cash $5000