On January 1, 2018, ABC, Inc. initiated two compensation plans for its employees: It granted 25,000 Stock Appreciation Rights (SARs = stock appreciation rights) subject to forfeiture if the president leaves or is fired from the company before 31 December 2021. The company may elect to liquidate the pledge only with shares Granted 50,000 restricted common stock units (RSUS) subject to forfeiture if the executive leaves or is terminated from the company before December 31, 2021. The employee may elect to receive cash instead of shares at time of unit exercise (RSUS). Market value of ABC common stock was $ 5 on 12/31/18. ABC's common stock is worth $ 1 par. The fair value of the SARS was and as of 12/18 it was $ 9.

a.Yes, both for the SARs and the RSUS.

b. Yes, in the case of the RSUS.

c. None of the above .

d. Yes, in the case of SARS