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Allied Paper Products, Inc., offers a restricted stock award plan to its vice presidents. On January 1, 2018, the company granted 18 million of its

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Allied Paper Products, Inc., offers a restricted stock award plan to its vice presidents. On January 1, 2018, the company granted 18 million of its $1 par common shares, subject to forfeiture if employment is terminated within two years. The common shares have a market price of $6 per share on the grant date. Required: 1. Determine the total compensation cost pertaining to the restricted shares. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the total compensation cost pertaining to the restricted shares. (Enter your answer in millions (l.e., 10,000,000 should be entered as 10).) Total compensation cost million Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the appropriate journal entries related to the restricted stock throu transaction/event, select "No journal entry required" in the first account fie entered as 10).) View transaction list 1 Record the compensation expense. 2 Record the compensation expense. 3 Record issuance of stock award

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