question archive On January 1, 2017, Kristen Company established a share appreciation rights plan for the executives

On January 1, 2017, Kristen Company established a share appreciation rights plan for the executives

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On January 1, 2017, Kristen Company established a share appreciation rights plan for the executives. The plan entitled them to receive cash at any time during the next four the difference between the market price of the ordinary share and a pre-established price of P20 on 60,000 share appreciation rights or SARs. On December 31, 2019, 20,000 SARs are exercised by executives
                                                                                   Market Price
January 1, 2017                                                            25 per share
December 31, 2017                                                      28 per share
December 31, 2018                                                      35 per share
December 31, 2019                                                      30 per share

1.     What amount of compensation expense should be recognized for 2017?
2.     What amount of compensation expense should be recognized for 2018?
3.     What amount should be recognized as accrued liability for share appreciation rights on December 31, 2019?

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