Vaughn Company issues 4,200 shares of restricted stock to its CFO, Dane Yaping, on January 1, 2020. The stock has a fair value of $131,000 on this date. The service period related to this restricted stock is 4 years. Vesting occurs if Yaping stays with the company for 4 years. The par value of the stock is $6. At December 31, 2021, the fair value of the stock is $143,000.

On March 4, 2022, Yaping leaves the company. Prepare the journal entry to account for this forfeiture.