Question 6 9 pts On January 1, 2021, a company granted 20 million stock appreciation rights (SAR) to employees. The SARs entitle employees to receive cash equal to the difference between the market price at exercise date and the market price at grant date. The SARS vest on December 31, 2022 and expire on December 31, 2024. The $1 par common shares have a market price of $39 per share on the grant date. All recipients are expected to remain employed through the vesting date. The fair value of the SARS is provided below. 1/1/2021 $0.00 12/31/2021 $6.00 12/31/2022 $8.00 Fair value per SAR (est.) All SARs are exercised on May 5, 2023, when the stock is trading at $45 per share. Select What amount of compensation expense related to the SARS is recorded on December 31, 2021? What amount of compensation expense related to the SARS is recorded on December 31, 2022? b Select What is the total amount of cash paid to employees on exercise date? Select Previous Next- Quiz saved at 8:19 pm Submit Que