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Need help, not sure where I went wrong. Any help would be greatly appreciated. Thanks Exercise 143 On January 1, 2017, Orn Co. established a
Need help, not sure where I went wrong. Any help would be greatly appreciated. Thanks
Exercise 143 On January 1, 2017, Orn Co. established a stock appreciation rights plan for its executives. They could receive cash at any time during the next four years equal to the difference between the market price of the common stock and a preestablished price of $17 on 440,000 SARs. The market price is as follows: 12/31/17 s23; 12/31/18-s 18; 12/31/19 $20; 12/31/20 $21. On December 31, 2019, 65000 SARs are exercised, and the remaining SARs are exercised on December 31, 2020. Your answer is partially correct. Try again. Prepare a schedule that shows the amount of compensation expense for each of the four years starting with 2017. (If the compensation decreases from prior year enter the amount as a negative number in the table eg. 25,000 or (25,000). Do not leave any answer field blank. Enter 0 for amounts.) Schedule of Compensation Expense Market Accrued Set Val Percent of SARs to Date 12/31/17 132000) E 440000 Et 50 1300000 12/31/18 12/31/19 20 1320000 t 12/21/20Step by Step Solution
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