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Mann inc. offers a resteicled stock award plan to its vice president5. On January 1. 2021, the corporation granted 10 million of its $5 par

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Mann inc. offers a resteicled stock award plan to its vice president5. On January 1. 2021, the corporation granted 10 million of its $5 par common shares, subject to forfelture if employment is terminated within two years. The common shares have a market value of $10.2 per share on the date the award is granted. Required: 1. Assume that no shares are forfetted. Determine the total compensation cost pertaining to the resticted shares 2. Prepare the appropriate joumal entries related to the restricted stock through December 31, 2022. Assume that no shares are forfeited. Determine the total compensation answer in millions (i.e., 10,000,000 should be entered as 10).) Journal entry worksheet Record the compensation expense paid for restricted stock on December 31, 2021. Note: Enter debits before credits. Journal entry worksheet Record the compensation expense paid for restricted stock on December 31 , 2022. Note: Enter debits before credits. Journal entry worksheet Record the issuance of shares on December 31, 2022. Note: Enter debits before credits

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