Whispering Company issues 4,300 shares of restricted stock to its CFO, Dane Yaping, on January 1, 2025. The stock has a fair value of $128,000 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, 2026, the fair value of the stock is $141,000. (a) Your Answer Correct Answer Your answer is correct. Prepare the journal entries to record the restricted stock on January 1, 2025 (the date of grant), and December 31, 2026. (List all debit entries before credit entries. 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 titles and enter O for the amounts. Record entries in the order displayed in the problem statement.) Date Account Titles and Explanation Jan. 1, 2025 Unearned Compensation Common Stock Paid-in Capital in Excess of Par - Common Stock Dec. 31, 2026 Compensation Expense Unearned Compensation Debit 128000 32000 Credit 2 10 3 On March 4, 2027, Yaping leaves the company. Prepare the journal entry to account for this forfeiture. (List all debit entries before credit entries. 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 titles and enter O for the amounts.) Date Account Titles and Explanation Mar. 4, 2027 Debit Credit