On January 1, 2018, Marguerite DeVille Co. granted restricted stock units (RSUs) representing 300,000 of its $1 par common shares to executives, 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. The common shares had a market price of $12 per share on the grant date. At the date of grant, DeVille anticipated that 6% of the recipients would leave the firm prior to vesting. In 2019, 2% of the options are forfeited due to executive turnover. DeVille chooses the option not to estimate forfeitures. What amount should DeVille record as compensation expense for the year ended December 31, 2019?

A) 72,000

B) 94,000

C) 1,152,000

D) 1,200,000

The following information pertains to Torque Corp.s outstanding stock for 2018:

Common stock, $1 par value
Shares outstanding, 1/1/2018	60,000
2-for-1 stock split, 4/1/2018
Shares issued, 7/1/2018	30,000
Preferred stock, $10 par value, 6% cumulative
Shares outstanding, 1/1/2018	12,000

How many shares should Torque use to calculate 2018 basic earnings per share?

A) 120,000

B) 135,000

C) 150,000

D) 162,000