The James Bond Company has several share-based compensation plans for employees. Under its restricted stock award plan, James Bond on January 1st 2025, granted 2,000,000 of its $1 par common stock to various division managers. The shares are subject to forfeiture if employment is terminated within 4 years. The common stock has a market price of $20 on the award date. REQUIRED: 1) DETERMINE THE TOTAL COMPENSATION COST FROM THESE RESTRICTED SHARES 2) PREPARE THE APPROPRIATE JOURNAL ENTRIES REQUIREO IN 2025 3) JAMES BOND EXPECTS A 15\% FORFEITURE RATE, DETERMINE THE TOTAL COMPENSATION COST ASSUMING JAMES BOND FOLLOWS FAIR VALUE APPROACH AND CHOOSES TO ANTICIPATE FORFEITURES AT THE GRANT DATE