PHN Foods granted 90 million of its no-per common shares to executives, subject to forfeiture employment is terminated within three years. The common shares have a market price of $10 per share on January 1, 2020, the grant date Required: 1. What journal entry will PHN Foods prepare to record executive compensation regarding these restricted shares at December 31, 2020 and December 31, 2021 2. When calculating diluted EPS at December 31, 2021, what will be the net increase in the weighted average number of common shares with regard to the restricted stock shares if the market price of the common shares averages $10 per share during 2021 Complete this question by entering your answers in the tabs below. Required 1 Required 2 What journal entry will PH foods prepare to record executive compensation regarding these restricted shares at December 31, 2020 and December 31, 20217 (If no entry is required for a transaction/event, select "No journal entry required in the fest account Seld Enter your answers in mitions ( 10,000,000 should be entered as 10)) < Prev 13 of 17 Next