g Sheffield Company issues 11,000 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value of $550,000 on this date. The service period related to this restricted stock is 5 years. Vesting occurs if Tokar stays with the company until December 31, 2024. The par value of the stock is $10. At December 31, 2020, the fair value of the stock is $386,000. (a) Prepare the journal entries to record the restricted stock on January 1, 2020 (the date of grant), and December 31, 2021.