E16.12 (LO 3) (Issuance, Exercise, and Forfeiture of Share Options) On January 1, 2022, Magilla SA granted share options to officers and key employees for the purchase of 20,000 of the company's C10 par ordinary shares at €25 per share. The options were exercisable by grantees still in the employ of the company within a 5-year period, beginning January 1, 2024, and ending December 31, 2028. The service period for this award is 2 years. Assume that the fair value option- pricing model determines total compensation expense to be €400,000.

On February 11, 2021, Brownie Corp. purchased 500 common shares of Candy Inc. for $45,000 and classified the investment as FV-OCI.  At December 31, 2021, the fair value of the shares is $42,160.  Assuming that Brownie has a December 31 year-end, the required year-end adjusting entry for this investment is:   Question 13 options:   DR FV-OCI investments $42,160  CR AOCI $42,160   DR AOCI $2,840  CR FV-OCI investments $2,840   DR AOCI $42,160  CR FV-OCI investments $42,160   DR FV-OCI investments $2,840  CR AOCI $2,840

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D1.