On January 1 of Year OOn January 1 of Year One, Grant Inc. issued a total of 2,000 shares of $1 par, restricted common stock to five executives. The fair value of the shares of stock on January 1is $300,000. The restricted shares require a vesting period of 36 months or 3 years, which is the requisite service period, forfeitures are recorded as incurred. What is the amount of compensation expense recognized in calendar year two if 500 shares are forfeited?ne, Grant Inc. issued a total of 2,000 shares of $1 par, restricted common stock to five executives. The fair value of the shares of stock on January 1is $300,000. The restricted shares require a vesting period of 36 months or 3 years, which is the requisite service period, forfeitures are recorded as incurred. What is the amount of compensation expense recognized in calendar year two if 500 shares are forfeited