NoDelay Delivery Corporation included the following disclosure note in an annual report: Stock-Based Compensation (in part) . . .Restricted shares of our common stock are awarded to key employees. All restrictions on the shares expire ratably over a four-year period. Shares are valued at the market price on the date of award. . .Compensation expense associated with these awards is recognized on a straight-line basis over the shorter of the requisite service period or the stated vesting period. The following table summarizes information regarding vested and unvested restricted stock for the year ended May 31, 2020: Number of Shares 113,644 Weighted Average Grant Date Fair Value $ 21.44 Unvested at May 31, 2019 Granted Vested Forfeited Unvested at May 31, 2020 Required: 53,663 30.71 (47,850) 17.02 (15,167) 25.37 104,290 27.60 1. Assuming a four-year vesting period, how much compensation expense did NoDelay Delivery report in the year ended May 31, 2021, for the restricted stock granted during the year ended May 31, 2020? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of restricted stock during the year ended May 31, 2020. (NoDelay Delivery's common shares have a par amount per share of $0.10.) 1. Assuming a four-year vesting period, how much compensation expense did NoDelay Delivery report in the year ended May 31, 2021, for the restricted stock granted during the year ended May 31, 2020? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of restricted stock during the year ended May 31, 2020. (No Delay Delivery's common shares have a par amount per share of $0.10.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a four-year vesting period, how much compensation expense did NoDelay Delivery report in the year ended May 31, 2021, for the restricted stock granted during the year ended May 31, 2020? Note: Round your answer to the nearest whole dollar. Compensation expense < Required 1 Required 2 Journal entry worksheet Record the entry that summarizes the vesting of RSUs during the year ended May 31, 2020. Note: Enter debits before credits. Date May 31, 2020 General Journal Debit Credit Record entry Clear entry View general journal < Prev 5 of 9 Next >