Under its executive share option plan. None Berhad granted options on 1 January 2020, that permit 20 senior executives to purchase 50,000 each of the company's ordinary shares within the next six years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the grant date, RM12 per share. The fair value of the options, estimated by an appropriate option pricing model, is RM3 per option. No forfeitures are anticipated. i) Ignoring taxes, what is the total compensation cost pertaining to the share options? ii)Ignoring taxes, what is the effect on earnings in the year after the options are granted to executives? (iii)Suppose that unexpected turnover during 2021 caused the forfeiture of 15% of the share options. Compute the amount of compensation expense for 2021. (iv) the market price is $20 per share. Prepare the appropriate journal entry to record the exercise of 80% of options on September 1, 2024, when the market price is $20 pershare (v)Suppose that on 31 December 2025, the remaining 20% of options expire without being exercised. Ignoring taxes, what journal entry will None Berhad record? 10marks Urgent Under its executive share option plan. None Berhad granted options on 1 January 2020, that permit 20 senior executives to purchase 50,000 each of the company's ordinary shares within the next six years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the grant date, RM12 per share. The fair value of the options, estimated by an appropriate option pricing model, is RM3 per option. No forfeitures are anticipated. i) Ignoring taxes, what is the total compensation cost pertaining to the share options? ii)Ignoring taxes, what is the effect on earnings in the year after the options are granted to executives? (iii)Suppose that unexpected turnover during 2021 caused the forfeiture of 15% of the share options. Compute the amount of compensation expense for 2021. (iv) the market price is $20 per share. Prepare the appropriate journal entry to record the exercise of 80% of options on September 1, 2024, when the market price is $20 pershare (v)Suppose that on 31 December 2025, the remaining 20% of options expire without being exercised. Ignoring taxes, what journal entry will None Berhad record? 10marks Urgent