On January $1,2024,$ Vjay Commynicasions granted restricted stock units $($RESUs$)$ repreteenting $25$ million of ies $$1$ per common shares to executivest, subject to forfeiture K employment is terminated within three years. After the recipients of the RSUls sutisty the vorting roquirement, the company will distribute the shares.

The common shares had a market price of $$15$ per share on the grant date.

At the date of grant, Vjoy anticipated that $\frac{5}{5}$ of the recipients would leave the firm prior to verting

On January $1,2025,4\%$ of the RSUs are forfehed due to enecubve lurnover.

Vjay chooses the option to account for forfethures when they actually occur.

Required:

to $3.$ Prepare the appropriate journal entries to record compensation expense on December $31.2024,$ December $31,2025,$ and

December $31\mathrm{.}2026$ December $31,2026$