Hi :) Can you help me solve this problem? It is all about share appreciation rights.. Thank you!

C. On January 1 , 2018, Pau Company granted to an employee the right to choose either shares or cash payment. The choices are as follows: a. Share alternative equal to 25,000 snares wth par of P30 b. Cash altemative cash payment equal to the market value ot 20,000 phantom shares The grant is conditional upon the completion of three years of service. On grant date, January 1, 2018, the share pnce is P5t The share prices for the three-year vesting period are P54 on Decernber 31, 2018, P66 on December 31, 2019 and P65 on December 31, 2020. After taking into account the effect of vesting restnctions, the entity has estumated that the fair value ot the shares alternative is P48. Required. 1. Compute the fair value of the equity component on January 1 , 2018 as a result of the cash and share alternatives 2. Journal entries to record transaction trom 2018 to 2020 using both alternatives 3. Prepare journal entry on December 31, 2020, assuming the employee has chosen the cash alternative. 4. Prepare journal entry on December 31, 2020, assuming the employee has chosen the share alternative