On January $1,2023,$ Honeymoon Corp. established a cash$-$settled stock appreciation rights plan for its senior employees, the details of which are listed below:

$1.100,000$ stock appreciation rights $($SARs$)$ were granted.

$2.$Each SAR entitled the employees to receive cash equal to the difference between the market price of the common shares and

a benchmark price of $$10.$

$3.$The SARs vested after two years of service; they expired on December $31,2027.$

$4.$On January $1,2025,60,000$ SARs were exercised. The market price of the shares remained at $$12.$

$5.$On January $1,2026,$ the balance of the SARs were exercised. The market price of the shares remained at $$13.$

$6.$Pertinent stock$-$related data are set out below:

Required:

a$.$ Prepare the journal entry at December $31,2023,$ to record compensation expense.

b$.$ Prepare the journal entry at December $31,2024,$ to record compensation expense.

c$.$ Prepare the journal entry at January $1,2025,$ to record the partial exercise of the SARs.

d$.$ Prepare the journal entry at December $31,2025,$ to record compensation expense.

e$.$ Prepare the journal entry at January $1,2026,$ to record the exercise of thhe balance of the SARs.

f$.$ Prepare the journal entry at December $31,2026,$ to record compensation expense.

g$.$ Prepare the journal entry at December $31,2027$ to record compensation expense.