required : adjusting entry as of dec 31st 2021, 2022,2023 and 2024. Also the entry where the executives exercise their rights

Daniel D. De Brum Botelho Inc. establishes a SARs program on January 1st, 2021, which entitles executives to receive cash at the date of exercise (any time after the service period) for the difference between the shares' fair value and the pre-established or stated price of $5.00 on 100 000 SARs. The SARS' fair value on December 31, 2021 is $ 600,000, $0 on December 31st, 2022, and $ 800,000 at December 31st, 2023 and $ 1,000,000 at December 31st, 2024 and the service period runs for four years (2021 to 2024). 25,000 of the options are exercised on December 31st, 2024