Kejora Bhd purchased a call option to purchase Wali Bhd's shares on 7 July 2020 for RM240. The call option is for 200 shares and the strike price is RM70. The option expires on 31 January 2021. On 30 September (financial year end), the time value of the option is RM65 amd the shares are trading at RM75 per share. Kejora Bhd exercises the option on 4 January 2021 when the shares are trading at RM76 per share. On this date, the time value of the option is RM30.< REQUIRED:< Prepare the required journal entries on: (i) 7 July 2020< (ii) 30 September 2020< (iii) 4 January 2021< 4