offers a variety of share-based compensation plans to employees. Under its restricted stock award plan, the company, on January 1, 2024, granted 2 million of its $1 par common shares to various division managers. The shares are subject to forfeiture if employment is terminated within four years. The common shares have a market price of $19.40 per share on the award date. Required: 1. Determine the total compensation cost from these restricted shares. 2. & 3. Prepare the