Headland Company issues 59,000 shares of restricted stock to its CFO, on January 1, 2025. The stock has a fair value of $1,121,000 on this date. The service period related to this restricted stockis 4 years. Vesting occurs if the CFO stays with the company for 4 years. The par value of the stock is $1. At December 31,2025 , the fair value of the stock is $2,010,000. Assume that compensation expense is recognized through an annual adjustment process at year end. (a) Prepare the journal entries to related to the restricted stock on January 1.2025 (the date of grant) and December 31,2026 . (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) (b) On Aligust 1, 2028, the CEO leaves the company. Prepare the journal entry to account for this forfeiture, (Credit occount titles are outomaticolly indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Ust all debit entries before credit entries. Record joumal entries in the order presented in the problem.)