H&YCo. establishes a share-appreciation rights program that entitles its new president Ahmed Aly to receive cash for the difference between the market price of the shares and a pre-established price of $15, on 20,000 SARs. The date of grant is January 1, 2018, and the required employment (service) period is 4 years. Aly exercises all of the SARs in January 1, 2023. The fair value of the SARs (Market Price Pre-established Price) is estimated to be $3 per SAR on December 31, 2018; $4.5 on December 31, 2019; $7.5 on December 31, 2020; $4 on December 31, 2021; and $9 on December 31, 2022. Instructions a) Prepare a 5-year (20182022) schedule of compensation expense pertaining to the 20,000 SARs