Acct 301 Ch 16 Dilutive Securities - Extra Problem #2 - Stock Appreciation Rights 5 points Capulet Company establishes a stock appreciation rights program that entitles its president Mary Davis to receive cash for the appreciation of the company's stock over a hypothetical exercise price. Mary receives 30,000 SAR shares with a hypothetical exercise price of $30 on January 1, 2020. She is required to work for 4 years (2020,2021,2022, 2023) before she can exercise the SARs. As of January 1, 2024, there will be a six-year exercise period before the SARs expire. The "total" Fair Value of the individual SARS was estimated to be the following on the dates shown below: "Total Fair Values per SAR" December 31, 2020 December 31, 2021 December 31, 2022 December 31, 2023 July 15, 2024 $34 per SAR $35 per SAR $38 per SAR $40 per SAR $42 per SAR (Also the Stock Price on that Day) On July 15, 2024 Mary exercised all of her SARs. A. Prepare an SAR compensation Expense Table from 2020 all the way through the July 15, 2024 exercise date. B. Prepare all Journal Entries needed for 2020 through 2024