FX Services granted 13.5 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within four years. The common shares have a market price of $8 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives? (Round your answer to 1 decimal place.)

Multiple Choice

• $ 108.0 million.

• $ 27.0 million.

• $ 13.5 million.

• $ 0 million.