Share-based Compenstation On January 1, 2015, WAY Inc. granted 100 share options to its 500 employees. The share options are subject to the condition that the employees must remain to the company for a period of 3 years. The share option is not traded at the stock market. Each share option entitles the holder to acquire one ordinary share with P2 par value for P5 per share. The ordinary shares of WAY Inc. which are listed at the stock market are trading at the following prices: 12/31/2015 – P8; 12/31/2016 – P7; 12/31/2017 – P10.  As of December 31, 2015, 80 employees have left and the company estimated based on weighted average probability that 20 employees will leave during the vesting period. As of December  31, 2016, 40 employees have left and the company estimated based on weighted average probability that 30 employees will leave during the vesting period. As of December 31, 2017, 130 employees have left. On January 1, 2018, all share options are exercised.  Required: 1. Compensation expense for the year ended December 31, 2017 2. Net increase in share premium for the year ended Decemebr 31, 2018

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Share-based Compenstation

On January 1, 2015, WAY Inc. granted 100 share options to its 500 employees. The share options are subject to the condition that the employees must remain to the company for a period of 3 years. The share option is not traded at the stock market. Each share option entitles the holder to acquire one ordinary share with P2 par value for P5 per share. The ordinary shares of WAY Inc. which are listed at the stock market are trading at the following prices: 12/31/2015 – P8; 12/31/2016 – P7; 12/31/2017 – P10. 

As of December 31, 2015, 80 employees have left and the company estimated based on weighted average probability that 20 employees will leave during the vesting period. As of December 
31, 2016, 40 employees have left and the company estimated based on weighted average probability that 30 employees will leave during the vesting period. As of December 31, 2017, 130 employees have left. On January 1, 2018, all share options are exercised. 

Required:

1. Compensation expense for the year ended December 31, 2017
2. Net increase in share premium for the year ended Decemebr 31, 2018

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