Listed below are transactions dealing with various stock benefit plans of Fortune Corporation during the period of 2018-2020. The market price of Fortune's stock is $45 per share at January 1, 2018. (a) On January 1, 2018, the company issued 10 million common shares to divisional managers under its restricted stock award plan. The shares are subject to forfeiture if employment is terminated within 3 years. (b) On January 1, 2018, the company granted incentive stock options to its senior management, exercisable for 1.5 million common shares. The options must be exercised within five years, but not before January 1, 2020. The exercise price of the stock options is equal to the fiar value of the common stock on the date the options are granted. An option pricing model estimates the fair value of the options to be $4 per option. All recipients are expected to remain employed through the vesting date. (c ) Recorded compansation expense on December 31, 2018. (d) A divisional manager holding 1 million of the restricted shares left the company to become CEO of a competitor on September 15, 2019, before the required service period ended. ( e) Recorded compensation expense on December 31, 2019. Required: Prepare the journal entries that Fortune Corporation recorded for each of the above transactions.