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Current Attempt in Progress Marigold Company establishes a stock-appreciation rights program that entitles its new president Ben Davis to receive cash for the difference between

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Current Attempt in Progress Marigold 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 $31 (also market price) on December 31, 2016, on 29.400 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 $5 per SAR on December 31, 2017:$9 on December 31. 2018: $14 on December 31, 2019: $5 on December 31, 2020, and $17 on December 31, 2021. (a) Prepare a 5-year (2017-2021) schedule of compensation expense pertaining to the 29,400 SARs granted president Davis. (If the compensation decreases from prior year enter the amount as a negative number in the table eg -25,000 or (25,0001) Cumulative Compensation Fair Value Recognizable Percentage Accrued Compense Date 12/31/17 $ % $ 96 12/31/18 % 12/31/19 95 12/31/20 ILU17 12/31/20 de 12/31/21 $ e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Save for Later (b) The parts of this question must be completed in order. This part will be available when you complete the part above. E

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