3 Problem 19-1 Stock options; forfeiture; exercise [LO19-2] On October 15,2017 the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2018, 21 milion stock options were granted, exercisable for 21 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2021, and December 31, 2023, at 90% of the quoted market price on January t 2018, which was $10. The fair value of the 21 million options, estimated by an appropriate option pricing model, is $4 per option. Ensor chooses the option to recognize forfeitures only when they occut o)Ten percent (2.1 million) of the options were forfeited when an executive resigned in 2019. All other options were exercised on July 12 2022, when the stock's price jumped unexpectedly to $20 per share Reuired L When is Ensors stock option measurement date? 2. Determine the compensation expense for the stock option plan in 2018.Ognore taxes 3. & 5. Prepare the necessary jcurnal entries Complete this question by entering your answers in the tabs below. Req 1 and 2 Rq3 and S When is Ensor's shock option measurement date? Dete ignore taves) CEnter your answer i ermine the compensation expense for the stock option plan in 2018 n millions 0e, 10,000,000 should be entered as 10).) MacBook Air 28. ptioncommand