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Pastner Brands is a calendar-year firm with operations in several countries. As part of its executive compensation plan, at January 1, 2021, the company issued 260,000 executive stock options permitting executives to buy 260,000 shares of Pastner stock for $24 per share. One-fourth of the options vest in each of the next four years beginning at December 31, 2021 (graded vesting). Pastner elects to separate the total award into four groups (or tranches) according to the year in which they vest and measures the compensation cost for each vesting date as a separate award. The fair value of each tranche is estimated at January 1, 2021, as follows: Vesting Date Dec. 31, 2021 Dec. 31, 2022 Dec. 31, 2023 Dec. 31, 2024 Amount vesting 25% 25% 25% 25% Fair value per Option $4.60 $5.20 $5.40 $6.40 Required: 1. Determine the compensation expense related to the options to be recorded each year 2021-2024, assuming Pastner allocates the compensation cost for each of the four groups (tranches) separately. 2. Determine the compensation expense related to the options to be recorded each year 2021-2024, assuming Pastner uses the straight-line method to allocate the total compensation cost. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the compensation expense related to the options to be recorded each year 2021-2024, assuming Pastner allocates the compensation cost for each of the four groups (tranches) separately. (Enter your answers in whole dollars.) Compensation Expense in: 2022 2023 2024 2021 299,000 S Shares Vesting at: Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Total S Total $ 299,000 299.000 299,000 594,755 $ 1,491,755 149.500 99,667 X 74,750 X 622.917 99.666 x 149,500 99,667 5 249.172 S 260,000 359.666 260,000 260,000 S S S Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the compensation expense related to the options to be recorded each year 2021-2024, assuming Pastner uses the straight-line method to allocate the total compensation cost. (Enter your answers in whole dollars.) 2021 2022 2023 Total Compensation expense 299,000 $63,000,000 630,000,000 693,299.000 2024 IS S S Magnetic-Optical Corporation offers a variety of share-based compensation plans to employees. Under its restricted stock unit plan, the company on January 1, 2021, granted restricted stock units (RSUS) representing 11 million of its $1 par common shares to various division managers. The shares are subject to forfelture if employment is terminated within three years. The common shares have a market price of $21.00 per share on the grant date. Management's policy is to estimate forfeitures. Required: 1. Determine the total compensation cost pertaining to the RSUS. 2. Prepare the appropriate journal entry to record the RSUS on January 1, 2021. 3. Prepare the appropriate journal entry to record compensation expense on December 31, 2021. 4. Suppose Magnetic-Optical expected a 10% forfelture rate on the RSUs prior to vesting. Determine the total compensation cost. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg 4 Prepare the appropriate journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Date General Journal Debit Credit January 01, 2021 No journal entry required No 1 2 2 December 31, 202 Compensation expense Paid-in capital - restricted stock 7.700.000 - 77.000.000