Problem 1 Share based compensation 1. (10 points) January 1, 2016 CY Corporation granted restricted stock units (RSUS) representing 32 million of its S0.01 par common shares to executives, forfeiture if employment is terminated within four years. After the recipies RSUs satisfy the vesting requirement, the company common shares had a market price of S6 per share on the grant date. Required: subject to the will distribute the shares. The noring taxes, determine the total compensation cost pertaining to the restricted stock units. (2.) What is the effect on carnings in the year after the shares are granted to executives? (3) Prepare the journal entries from January 1, 2016 through December 31,2019 when the restriction on RSUs are lifted and the shares are issued