Question: 2 . & 3 . Prepare the appropriate journal entries to record compensation exp 4 . Record the exercise of the options and their

2.\& 3. Prepare the appropriate journal entries to record compensation exp
4. Record the exercise of the options and their tax effect if all of the option \(\$ 13\) per share.
Note: (If no entry is required for a transaction/event, select "No journal en millions (i.e.,10,000,000 should be entered as 10).)
Record compensation expense on December 31,2024.
Record any tax effect related to compensation expense recorded in 2024.
Record compensation expense on December 31,2025.
Record any tax effect related to compensation expense recorded in 2025.
Record the exercise of the options on March 20,2029 when the market price is \(\$ 13\) per share.
Record any tax effect related to the exercise of the options.
Note : = Journal entry has been entered.
2 . \ & 3 . Prepare the appropriate journal

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