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On February 7 Messler Inc. (Messer) issued 40,000 restricted share units (RSUs) to its managers and the share price was $65. The fair value of

On February 7 Messler Inc. (Messer) issued 40,000 restricted share units (RSUs) to its managers and the share price was $65. The fair value of each RSU was $67 at the date of grant. When the RSUs were settled, the company's share price was $32. These will be cash-settled and vest over two years. What will be the amount of cash paid by Messler to settle all the 40,000 RSUs?  

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