Answer the following statements as true or false:

a) The date of record is the date that the names of the holders of the outstanding shares are identified

b) The compensation to employees from a stock option plan must be measured at the options strike price (the option price)

c) When treasury stock is accounted for under the cost method, it is shown on the balance sheet immediately after the capital stock account to which it relates.

d) Extinguishment of debt at a loss results in an outflow of cash.