Question

Id	565
Number	5
Description	Assume ABC Company, a fictional company provides the following disclosure about its stock compensation plans:<br> “The average fair value of shares granted was USD20.86, USD16.42, and USD17.80 in 2021, 2020, and 2019 respectively.” If the company granted 18,000 shares , with a three-year vesting period in 2021, what is the annual compensation expense for the 2021 shares granted?