Waterway Company establishes a stock-appreciation rights program that entitles its new president Ben Davis to receive cash for the difference between the market price of the stock and a pre-established price of $30 (also market price) on December 31, 2016, on 33,300 SARs. The date of grant is December 31, 2016, and the required employment service) period is 4 years. President Davis exercises all of the SARS in 2022. The fair value of the SARS is estimated to be $6 per SAR on December 31, 2017; $10 on December 31, 2018; $14 on December 31, 2019; $6 on December 31, 2020; and $17 on December 31, 2021. Prepare a 5-year (2017-2021) schedule of compensation expense pertaining to the 33,300 SARs granted president Davis. (If the compensation decreases from prior year enter the amount as a negative number in the table e.g. -25,000 or (25,000).) Cumulative Compensation Compensation Accrued to Date Fair Value Recognizable Percentage Accrued Expense 2017 Expense 2018 Expense 2019 Expense 2020 Expense 2021 12/31/175 Date 12/31/18 12/31/19 HHHHH 12/31/20 12/31/21 Prepare the journal entry for compensation expense in 2017, 2020, and 2021 relative to the 33,300 SARs. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter o for the amounts.) Debit Credit Date Account Titles and Explanation 2017 2021 Waterway Company establishes a stock-appreciation rights program that entitles its new president Ben Davis to receive cash for the difference between the market price of the stock and a pre-established price of $30 (also market price) on December 31, 2016, on 33,300 SARs. The date of grant is December 31, 2016, and the required employment service) period is 4 years. President Davis exercises all of the SARS in 2022. The fair value of the SARS is estimated to be $6 per SAR on December 31, 2017; $10 on December 31, 2018; $14 on December 31, 2019; $6 on December 31, 2020; and $17 on December 31, 2021. Prepare a 5-year (2017-2021) schedule of compensation expense pertaining to the 33,300 SARs granted president Davis. (If the compensation decreases from prior year enter the amount as a negative number in the table e.g. -25,000 or (25,000).) Cumulative Compensation Compensation Accrued to Date Fair Value Recognizable Percentage Accrued Expense 2017 Expense 2018 Expense 2019 Expense 2020 Expense 2021 12/31/175 Date 12/31/18 12/31/19 HHHHH 12/31/20 12/31/21 Prepare the journal entry for compensation expense in 2017, 2020, and 2021 relative to the 33,300 SARs. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter o for the amounts.) Debit Credit Date Account Titles and Explanation 2017 2021