What balance will be recorded

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Question - A firm granted stock options to its eligible employees on January 1, with each employee able to purchase shares of common stock at a price of $14 per share. The options vest in 5 years. Using the Black-Scholes options pricing model, the firm estimated that the individual employee stock options had a total fair value of $192. The company estimates that 4% of the options will be forfeited before vesting.

Required - What balance will be recorded to the "additional paid-in capital-stock options" account upon granting these options?

Reference no: EM133077330

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