EG Corporation granted restricted stock units (RSUS) representing 31.4 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within five years. After the recipients of the RSUS satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $5.0 per share on the grant date. Required: 1. Ignoring taxes, determine the total compensation cost pertaining to the restricted stock units. 2. What is the effect on earnings in the year after the shares are granted to executives? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Ignoring taxes, determine the total compensation cost pertaining to the restricted stock units. (Enter your answer in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50).) Total compensation cost million EG Corporation granted restricted stock units (RSUS) representing 31.4 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within five years. After the recipients of the RSUS satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $5.0 per share on the grant date. Required: 1. Ignoring taxes, determine the total compensation cost pertaining to the restricted stock units. 2. What is the effect on earnings in the year after the shares are granted to executives? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the effect on earnings in the year after the shares are granted to executives? (Enter your answer in millions ounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50). Do not round intermediate calculations.) Effect on earnings million