On January 1, 2016, Cobbler Corporation awarded restricted stock units (RSUs) representing 32.4 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. On the grant date, the shares had a market price of $4.6 per share. Required: Determine the total compensation cost pertaining to the RSUs. (Enter your answer in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50).) Total compensation cost million 2. to 6. Prepare the appropriate journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 2 decimal places (i e., 5,500,000 should be entered as 5.50).) view transaction list view general journal Journal Entry Worksheet 1 2 3 4 5 Record the award of RSUs on January 1, 2016 General Journal Debit credit Date January 01, 2016 *Enter debits before credits done clear entry record entry