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On January $1,$ Year $6,$ Howard, Inc., granted to a key executive a fixed compensatory share option plan for $1,000$ shares of $$4$ par common stock for $$30$ a share. The fair value per option on that date was $$14.$ The service period extended through December $31,$ Year $7.$ What entry, if any, was required on December $31,$ Year $6?$

a$.$ Compensation Expense $6,000$

Paid$-$in Capital Share Options $6,000$

b$.$ Compensation Expense $9,000$

Deferred Compensation $9,000$

c$.$ Compensation Expense $7,000$

Paid$-$in Capital from Share Options $7,000$

d$.$ no entry necessary