34 points Rockwall Company has an employee stock purchase plan in order to encourage employee ownership of the company's common shares. According to the plan. Rockwall permits any of its employees to buy shares directly from the company through payroll deduction. There are no brokerage fees and shares can be purchased at a 13% discount. During May employees purchased 11.000 shares at a time when the market price of the shares on the New York Stock Exchange was $11 per share. Rockwall will record compensation expense owed with the May Durchases $15.730 $121.000 516.230 50