6 3.07 points eBook References 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 forfeiture 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% forfeiture rate on the RSUs prior to vesting. Determine the total compensation cost. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 Determine the total compensation cost pertaining to the RSUs. (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Total compensation cost million Req 1 Req 2 and 3> 5 ts S eBook eferences Req 1 Req 2 and 3 Req 4 Prepare the appropriate journal entries. (If no entry is required for a transaction/event, select "No jour account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet > 1 2 Record the award of restricted shares on January 1, 2021. Note: Enter debits before credits. Date January 01, 2021 General Journal Debit Credit > 6 3.07 points eBook References The company on January 1, 2021, yranicu na LU division managers. The shares are subject to forfeiture if employment is t market price of $21.00 per share on the grant date. Management's policy Required: 1. Determine the total compensation cost pertaining to the RSUs. 2. Prepare the appropriate journal entry to record the RSUs on January 1, 3. Prepare the appropriate journal entry to record compensation expense 4. Suppose Magnetic-Optical expected a 10% forfeiture rate on the RSUs p Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 Suppose Magnetic-Optical expected a 10% forfeiture rate on the RSUs prior to cost. (Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,00 Total compensation cost million < Req 2 and 3 Req 4