b. $70,000. C. $120,000 d. $24,000 2. On January 2, 2019, for past services, Rosen Corp. granted New Pine, its president, 150,000 stock appreciation rights that are exercisable immediately and expire on January 2, 2020. On exercise, New is entitled to receive cash for the excess of the market price of the stock on the exercise date over the market price on the grant date. New did not exercise any of the rights during 2019. The market price of Rosen's stock was $20 on January 2, 2019, and $24 on December 31, 2019. As a result of the stock appreciation rights, Rosen should recognize compensation expense for 2019 of a. $O. b. $300,000 c. $750,000 d. $600,000 Litke Corporation issued at a discount of $5,000 a $100,000 bond issue convertible into 2,000 shares of common stock (par value $5). At the time of the conversion, the unamortized discount is $3,000, the market value of the bonds is $110,000, and the stock is quoted on the market at $60 per share. If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds? a $58.000 b. $87,000 c. $77.000 d. $80,000 QWERTYOPAH zxcv. command command