On January, 2018 Jubee Corp. grants each of its 100 employees in the sales department share

options. The share options will vest at the end of 2020, provided that the employees remain in the

entity's employ and provided that the volume of sales increases by at least an average of 5% per

year. If the sales volume increase by an average of 5% to 10% per year, each employee will receive

100 options each. If sales volume increase by 11% to 15%, each employee will receive 200 options

each. If sales volume increases by more than 15%, each employee will receive 300 options each. Each

option can be exercised to acquire ordinary shares (P100 par) at P120 per share at any time up to

December 31, 2021.On the grant date, the company estimates that the share options have a fair value of P40 per option.

The company also estimates that the volume of sales for the product will increase by an average of

11% to 15% per year. The entity also estimates, based on weighted probability that 20% of the

employees will leave before the end of 2020.By the end of 2018, seven employees have left the company and the entity still estimates that a total

of 20 employees will leave by the end of 2020. Product sales have increased by 12% and the entity

expects that this rate will continue over the next 2 years.By the end of 2019, further five employees left the company. The entity now expects due to lowturnover that 15% of employees will leave by the end of 2020. Product sales increased by 20% and

expects the same increase in 2020.By the end of 2020, additional two employees left. The entity sales have increased by 16% in 2020

Requirements:

66. What is the compensation expense in 2018?

67. What is the compensation expense in 2020?

68. Assuming that 60% of the options granted to employees were exercised, the entry to record the

exercise shall require a credit share premium at: