Tamarisk, Inc. established a stock$-$appreciation rights $($SARs$)$ program on January $1,2025,$ which entitles executives to receive cash at the date of exercise for the difference between the market price of the stock and the pre$-$established price of $$22$ on $4,900$ SARs.

The required service period is $2$ years. The fair value of the SARs are determined to be $$5$ on December $31,2025,$ and $$8$ on December $31,2026.$ 

 

Compute Tamarisks compensation expense for $2025$ and $2026.$

Tamarisks compensation expense for $2025$

Tamarisks compensation expense for $2026$