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16. B Corp. has an employee benefit plan for compensated absences that gives each employee 10 paid vacation days and 10 paid sick days. Both

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16. B Corp. has an employee benefit plan for compensated absences that gives each employee 10 paid vacation days and 10 paid sick days. Both vacation and sick days can be carried over indefinitely, Employees can elect to receve payment in leu of vacation days; however, no payment is given for sick days not taken. At December 31, 2016, B's unadjusted balance of liablity for compensated absences was $62,000. B estimated that there were 320 total vacation days and 160 sick days available at December 31, 2016. B's employees earn an average of $220 per day. In its December 31, 2016, balance sheet, what amount of llability for compensated absences Is B required to report? O $206,800 O $70400. O $136,400 O $105.600 MacBook Air esc FS F6 F7 4

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