31 of 40 < > View Policies Current Attempt in Progress -/2.5 E Sheridan Company has 50 employees who work 8-hour days and are paid hourly. On January 1, 2020, the company began a program off granting its employees 10 days of paid vacation each year. Vacation days earned in 2020 may first be taken on January 1, 2021. Vacation days are used in the order that they are earned. Information related to these employees is as follows: Hourly Vacation Days Earned Year Wages by Each Employee Vacation Days Used by Each Employee 2020 $30.50 2021 32.50 2022 35.50 555 10 0 10 8 10 10 100 Sheridan has chosen to accrue the liability for compensated absences at the current rates of pay in effect when the compensated time is earned. All payouts are made based on the wage rates when the benefit was earned. What is the amount of the accrued liability for compensated absences that should be reported at December 31, 2022? O $142000. O $170400. $156000. O $26000