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On January 1, 2017, Bubert Corporation issues 9,000 shares shares of $3 par restricted stock...

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Accounting

On January 1, 2017, Bubert Corporation issues 9,000 shares shares of $3

par restricted stock to its key executives. The market value of unrestricted shares of the same stock on the date of issue is $22 and there is a four year vesting period. What is the amount of deferred compensation recorded on January 1, 2017?

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