Ayayai Company establishes a stock-appreciation rights program that entitles its new president Ben Davis to receive cash for the difference between the market price of the stock and a pre-established price of $33 (also market price) on December 31, 2016, on 38,700 SARs. The date of grant is December 31, 2016, and the required employment (service) period is 4 years. President Davis exercises all of the SARS in 2022. The fair value of the SARS is estimated to be $6 per SAR on December 31, 2017; $9 on December 31, 2018; $16 on December 31, 2019; $6 on December 31, 2020; and $19 on December 31, 2021. (a) Prepare a 5-year (2017-2021) schedule of compensation expense pertaining to the 38,700 SARs granted president Davis. (If the compensation decreases from prior year enter the amount as a negative number in the table e.g. -25,000 or (25,000).) Prepare a 5-year (2017-2021) schedule of compensation expense pertaining to the 38,700 SARs granted president compensation decreases from prior year enter the amount as a negative number in the table e.g. -25,000 or (25,000).) Cumulative Compensation Date 12/31/17 $ 12/31/18 Fair Value 6 $ Recognizable 232200 9 348300 12/31/19 16 619200 12/31/20 6 232200 19 735300 12/31/21 Percentage Accrued % di % % do % do Compensation Accrued to Date $ +A +A Expense 2017 +A $ Expense 2018 Expense 2019 $ +A $ Expense 2018 +A Expense 2019 +A Expense 2020 +A Expense 2021