$1$aOn January $1,20$X$1,$ Fielding Company initiated an employee stock$-$based compensation plan that grants $80,000$ stock appreciation rights $($SARs$)$ to employees on January $1,20$X$1,$ which will pay the exerciser of each cash SAR an amount equal to the excess of the share price on the exercise date over the $$4$ threshold price. Under the contract, the cash SARs fully vest and become exercisable on January $1,20$X$3$ if the employees continue working for Fielding Company for that two$-$year service period. Fielding cannot elect to settle the award in stock. The cash SARs are exercisable any time between January $1,20$X$3$ and December $31,20$X$3.*$ January $1,20$X$1$ SAR value $=$ $$1\mathrm{.}00$ per SAR $($based on option pricing formula$)*$ December $31,20$X$1$ SAR value $=$ $$2\mathrm{.}80$ per SAR $($based on option pricing formula$)*$ December $31,20$X$2$ SAR value $=$ $$5\mathrm{.}10$ per SAR $($based on option pricing formula$)$Which of ONE the following should be included in the journal entry necessary on the books of Fielding Company on December $31,20$X$2?$ Note: This is the end of the SECOND year.$*$ DEBIT to Compensation Expense of $$296,000*$ DEBIT to SAR Liability of $$408,000*$ DEBIT to Compensation Expense of $$408,000*$ DEBIT to SAR Liability of $$296,0001$b Eureka Company started business on January $1,20$X$1.$ For $20$X$1,$ Eureka reported a net loss of $$30,000$ and paid cash dividends of $$75,000.$ Note: The incorporation laws in the state in which Eureka is incorporated allow payment of dividends even when net income and retained earnings are negative.The following occurred during $20$X$2$:$*$ Net LOSS for $20$X$2$ was $$80,000.*$ Cash dividends paid during $20$X$2$ were $$45,000.$What is Eurekas Retained Earnings balance at the end of $20$X$2?*$ Negative $($debit$)$ $$230,000*$ Negative $($debit$)$ $$70,000*$ Positive $($credit$)$ $$230,000*$ Positive $($credit$)$ $$105,0001$cMyton Company started business on January $1,20$X$1.$ Net income and dividends for the first three years of the companys existence are as follows:Net Income $($Loss$)$Dividends$20$X$1($$$1,000)$$$020$X$240010020$X$31,700300$The company has some foreign subsidiaries and also maintains a portfolio of available$-$for$-$sale securities$.$ During $20$X$1,20$X$2,$ and $20$X$3,$ the U$.$S$.$ dollar value of the equity of the foreign subsidiaries and the market value of the securities in the available$-$for$-$sale portfolio fluctuated as follows.Change in U$.$S$.$ dollar valueChange in Value of Portfolio$20$X$1$increase of $$350$decrease of $$1,10020$X$2$decrease of $$800$decrease of $$60020$X$3$decrease of $$170$increase of $$420$What is COMPREHENSIVE INCOME for $20$X$3($the THIRD year$)?$ Note: This question is asking about comprehensive income, not about accumulated other comprehensive income or about other comprehensive income.$*$ $$800*$ $$1,950*$ $$1,700*$ $$1,4001$d Wanship Company started business on January $1,20$X$1.$ Net income and dividends for the first three years of the companys existence are as follows:Net Income $($Loss$)$Dividends$20$X$1($$$1,000)$$$020$X$240010020$X$31,700300$The company has some foreign subsidiaries and also maintains a portfolio of available$-$for$-$sale securities$.$ During $20$X$1,20$X$2,$ and $20$X$3,$ the U$.$S$.$ dollar value of the equity of the foreign subsidiaries and the market value of the securities in the available$-$for$-$sale portfolio fluctuated as follows.Change in U$.$S$.$ dollar valueChange in Value of Portfolio$20$X$1$increase of $$350$decrease of $$1,10020$X$2$decrease of $$800$decrease of $$60020$X$3$decrease of $$170$increase of $$420$What is ACCUMULATED OTHER COMPREHENSIVE INCOME as of the end of $20$X$3($the THIRD year$)?$ Note: This question is asking about accumulated other comprehensive income, not about comprehensive income or about other comprehensive income.$)*$ Negative $$1,900*$ Negative $$2,600*$ Negative $$1,200*$ Positive $$1,950$