Make sure to follow rounding instructions given in the problem.

On January 1, 2021, Tru Fashions Corporation awarded restricted stock units (RSUS) representing 22 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years. After the recipients of the RSUS satisfy the vesting requirement, the company will distribute the shares. On the grant date, the shares had a market price of $4.20 per share. Required: 1. Determine the total compensation cost pertaining to the RSUS. 2. Prepare the appropriate journal entry to record the award of RSUs on January 1, 2021. 3. Prepare the appropriate journal entry to record compensation expense on December 31, 2021. 4. Prepare the appropriate journal entry to record compensation expense on December 31, 2022. 5. Prepare the appropriate journal entry to record compensation expense on December 31, 2023. 6. Prepare the appropriate journal entry to record the lifting of restrictions on the RSUs and issuing shares at December 31, 2023. Complete this question by entering your answers in the tabs below. Req 1 Req 2 to 6 Determine the total compensation cost pertaining to the RSUS. (Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Total compensation cost $ 92.4 million Journal entry worksheet 3 4 5 Record the award of RSUs on January 1, 2021. Note: Enter debits before credits. Date Debit Credit January 01, 2021 General Journal Compensation expense Paid-in capital - restricted stock 31 Record entry Clear entry View general journal Journal entry worksheet 3 4 5 Record compensation expense on December 31, 2021. Note: Enter debits before credits. Credit Date General Journal December 31, 2021 Compensation expense Paid-in capital - restricted stock Debit 30.8 30.8 Record entry Clear entry View general journal Journal entry worksheet Record compensation expense on December 31, 2022. Note: Enter debits before credits. Credit Debit 30.8 Date General Journal December 31, 2022 Paid-in capital - restricted stock Common stock Paid-in capital - excess of par Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the lifting of restrictions on the RSUs and issuing shares at December 31, 2023. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2023 Record entry Clear entry View general journal