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How much is the compensation expense

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Reference no: EM132545443

Point 1: On January 1, 2020, Tabogan Corporation grants 100 cash share appreciation rights (SARs) to each of its 200 employees, on condition that the employees remain in its employ for the next three years.

Point 2: During 2020, 14 employees left. The entity estimates that a further 24 will leave during 2021 and 2022. During 2021, 30 employees left, and the entity estimates that a further 8 will leave during 2022. During 2022, six employees left. At the end of 2022, 60 employees exercise their SARs, another 40 employees exercise their SARs at the end of 2023 and the remaining employees exercise their SARs at the end of 2024.

Point 3: The entity estimates the fair value of the SARs at the end of each year in which a liability exists as shown below. At the end of 2022, all SARs held by the remaining employees vest. The intrinsic valuees of the SARs at the date of exercise (which equal the cash paid out) at the end of 2022, 2023 and 2024 are also shown below.

Year.                        2020               2021               2022          2023               2024

Fair value                 30                   32           36                 42               -

Intrinsic Value                -                -                35          40                46

Question 1. How much is the compensation expense for 2020?

Question 2. How much is the compensation expense for 2021?

Question 3. How much is the compensation expense for 2022?

Question 4. How much is the compensation expense for 2023?

Question 5. How much is the compensation expense for 2024?

Question 6. How much is the liability as of yearend 2020?

Question 7. How much is the liability as of yearend 2021?

Question 8. How much is the liability as of yearend 2022?

Question 9. How much is the liability as of yearend 2023?

Reference no: EM132545443

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