O O O Some companies use restricted stock in compensation plans. What is the effect at the date in which the restricted stock is granted? Oa. Income is reduced. O b. There is no entry to record the grant. O c. A journal entry is recorded; the net effect of the journal entry is to increase shareholders' equity by the fair value of the stock. O d. A journal entry is recorded, but the net effect of the journal entry is no change in shareholders' equity