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Allied Paper Products, Incorporated offers a restricted stock award plan to its vice presidents On January 1, 2024, the company granted 35 million of its \$1 par common shares, subject to forfeiture if employment is terminated within two years. The common 5 hares have a market price of $8 per share on the grant date Required: 1. Determine the total compensation cost pertaining to the restricted shares. 2. Prepare the appropriate joumal entries related to the testricted stock through December 31, 2025 Complete this question by entering your answers in the tabs below. Determine the total compensation cost pertaining to the restricted thares. Note: Enter your answer in millions (1.e., 10,000,000 shoold be entered is 10 ). Prepare the appropriate joumal entries related to the restricted stock through December 31,2025. Note: if no entry is required for a transaction/event, select "No fournal entry required" in the first account field, Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet Prepare the appropriate journal entries related to the restricted stock through December 31,2025. Note: if no entry is required for a transaction/event, solect "No journal entry required" in the first account field. Enter your answers in millions (h.e, 10,000,000 should be entered as 10). Journal entry worksheet 3 Wotel Enter debits before sredith. Prepare the appropriate journal entries related to the restricted stock through December 31,2025. Note: If no entry is required for a transaction/event, select "No fournat entry required" in the first account field. Enter your answers in. millions (hie, 10,000,000 should be entered as 10). Journal entry worksheet