2018 Days Daily Rate 2019 Days Daily Rate 2020 Days Used 2020 Days Daily Rate 2 3 1 5 0 9 11 11 B. Bunny D. Duck W. E. Coyote R. Runner F. Leghorn T. Bird Sylvestor E. Fudd Y. Sam P. LePugh P. Pig 8 10 10 10 10 10 10 10 10 1,000 950 900 900 850 850 800 700 650 500 300 0 1,050 980 920 920 880 880 850 750 670 530 350 10 10 10 10 10 10 10 0 10 10 9 1,120 1,000 950 950 910 910 880 770 700 550 370 2 12 4 aaaa 9 14 4 1 6 10 Additional Information: - Vacation Days accumulate, but are NOT vested - Prior experience suggests that 15% of unused vacation days are forfeited by employees who leave the company before using the days - E. Fudd leaves the company in 2020 after using 4 of the available vacation days - the information in the "2018" column represents vacation days available, but not used by employees in 2019 - each year employees earn 10 vacation days. The rate per day is provided for each year. Required: Determine the liability that would be reported on the balance sheet for both 12/31/19 and 12/31/20 Do not focus on journal entries. I will discuss the entries after the due date