December 31, 2020, 2021, and 2022 180 December 31, 2023 210 December 31, 2024 190

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Problem 5: (Share-based compensation: Share appreciation rights)
TINCTURE Company granted 300 share appreciation rights to each of the 500 employees on January 1,
2020. The rights are due to vest on December 31, 2023 with payment being made on December 31, 2023 
and expire on December 31, 2024. Only 75% of the awards vested.
Share price
January 1, 2020 (pre-determined price) 150
December 31, 2020, 2021, and 2022 180
December 31, 2023 210
December 31, 2024 190
The share appreciation rights were exercised on December 31, 2024.


Requirements:

I. Compute for the compensation expense for:
18. 2020

19. 2022

20. 2023

21. 2024

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