Highlander Corporation offers a variety of share-based compensation plans to employees. Under its restricted stock award plan, the company on January 1, 2018, granted 20 million of its $1 par common shares to various division managers. The shares are subject to forfeiture if employment is terminated within three years. The common shares have a market price of $18.00 per share on the grant date. Highlander expected a 5% forfeiture rate on the restricted shares prior to vesting. What amount should Highlander charge to compensation expense for the year ended December 31, 2018? $118 million. $114 million. $108 million. $104 million