Question: Use these options to answer the question above: increased to $38. O'Donnell's management estimates the value of these options at the grant date to be

Use these options to answer the question above: increased to $38.

Use these options to answer the question above:

O'Donnell's management estimates the value of these options at the grant date

increased to $38. O'Donnell's management estimates the value of these options at the grant date to be $1.70 each. Requirement Record the issuance of the stock options. Record the issuance of the stock options. (Record debits first, then credits. Explanations are not required.) Cash Common stock Compensation expense Contributed surplus-stock options

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