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On January 1, 2021. Cobbler Corporation awarded restricted stock units (RSUS) representing 28.2 million of its $1 par common shares to key officers, subject to

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On January 1, 2021. Cobbler Corporation awarded restricted stock units (RSUS) representing 28.2 million of its $1 par common shares to key officers, 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 $62 per share Required: 1. Determine the total compensation cost pertaining to the RSUS. 2 to 6. Prepare the appropriate journal entries. Complete this question by entering your answers in the tabs below. Reg 1 Reg 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 (ie.. 5,500,000 should be entered as 5.50). Do not round Intermediate calculations.) View transaction list Journal entry worksheet > 2 3 4 5 Record the award of RSUs on January 1, 2021. Note: Enter debits before credits Debit Credit Date General Joumal January 01, 2021 On January 1, 2021. Cobbler Corporation awarded restricted stock units (RSU) representing 28.2 million of its 51 par common shares to key officers, 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 $6.2 per share Required: 1. Determine the total compensation cost pertaining to the RSUS 2 to 6. Prepare the appropriate journal entries. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 6 Determine the total compensation cost pertaining to the RSUS, (Enter your answer in millions rounded to 2 decimal places We 5.500,000 should be entered as 5150):) Total compensation cost million Req 2 to 6 >

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