On January 1, 2023, Marin Corporation granted its president a share appreciation rights (SARS) package covering employment over a three-year period. The package was based on SARs increases for 15,180 shares over the fair value on January 1, 2023 of $25 per common share. The SARs package was to be paid in cash at the end of the third year (i.e., December 31, 2025). The fair values of the Marin shares were as follows: December 31, 2023 $27/share December 31, 2024 $30/share December 31, 2025 $28/share Prepare the journal entries to record the Share Appreciation Rights (SARS) package, and the payment on December 31, 2025 assuming that Marin follows ASPE. (Round answers to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit (To record negative compensation expense) (To remove SARs liability)