What is the accrued liability on December

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Question - Kaila Company granted 202 share appreciation rights to each of the 1,200 employees in January 2020. The entity estimated that 90% of the awards will vest on December 31, 2020. The fair value of each right on December 31, 2020 is P22. Service period is 3 years. What is the accrued liability on December 31, 2020?

a. 4,799,520

b. 4,000,000

c. 1,200,000

d. 1, 599,840

Reference no: EM133032407

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