Giselle has been advised by her financial planner to invest $32,000 today in a mutual fund. If the mutual fund earns 14 percent interest compounded monthly, to what amount will her investment grow in 16 years? Use a financial calculator to determine the amount. (Round your answer to two decimal places.)

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.