Under its executive stock option plan, m corporation granted options on january 1, 2018, that permit executives to purchase 15 million of the company's $1 par common shares within the next eight years, but not before december 31, 2020 (the vesting date). the exercise price is the market price of the shares on the date of grant, $18 per share. the fair value of the options, estimated by an appropriate option pricing model, is $4 per option. no forfeitures were anticipated; however, unexpected turnover during 2019 caused the forfeiture of 5% of the stock options. ignoring taxes, what is the effect on earnings in 2019?
a. $18.5 million.
b. $19 million.
c. $20 million.
d. $18 million

Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)