At December 31, 2018, Hansen Corporation had 50,000 shares of common stock and 4,500 shares of 12 , $100 par cumulative preferred stock outstanding No dividends were declared or paid in 2018 Net income was reported as $250,000 What is basic EPS (Round your answer to 2 decimal places ) Multiple Choice $5 00 $5 49 $3 92 $4 59 On January 1, 2018, Cobbler Corporation awarded restricted stock units (RSUs) representing 33 0 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares On the grant date, the shares had a market price of $5 0 per share Required 1 Determine the total compensation cost pertaining to the RSUs 2 to 6 Prepare the appropriate journal entries Complete this question by entering your answers in the tabs below Req 1 Req 2 to 6 Total compensation cost million Import a new list 1 Record the award of RSUs on January 1, 2018 2 Record compensation expense on December 31, 2018 3 Record compensation expense on December 31, 2019 4 Record compensation expense on December 31, 2020 5 Record the lifting of restrictions on the RSUs and issuing shares at December 31, 2020 Determine the total compensation cost pertaining to the RSUs (Enter your answer in millions rounded to 2 decimal places (i e , 5,500,000 should be entered as 5 50) )

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At December 31, 2018, Hansen Corporation had 50,000 shares of common stock and 4,500 shares of 12%, $100 par cumulative preferred stock outstanding. No dividends

At December 31, 2018, Hansen Corporation had 50,000 shares of common stock and 4,500 shares of 12%, $100 par cumulative preferred stock outstanding. No dividends were declared or paid in 2018. Net income was reported as $250,000. What is basic EPS? (Round your answer to 2 decimal places.)

Multiple Choice

$5.00.
$5.49.
$3.92.
$4.59.
On January 1, 2018, Cobbler Corporation awarded restricted stock units (RSUs) representing 33.0 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. On the grant date, the shares had a market price of $5.0 per share. Required: 1. Determine the total compensation cost pertaining to the RSUs. 2. to 6. Prepare the appropriate journal entries.

Complete this question by entering your answers in the tabs below.
Req 1
Req 2 to 6

Total compensation cost

million

Import a new list

Record the award of RSUs on January 1, 2018.

Record compensation expense on December 31, 2018.

Record compensation expense on December 31, 2019.

Record compensation expense on December 31, 2020.

Record the lifting of restrictions on the RSUs and issuing shares at December 31, 2020.

Determine the total compensation cost pertaining to the RSUs. (Enter your answer in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50).)