5)

During its first year of operations, a company granted employees vacation privileges and pension rights estimated at a cost of $23,264 and $14,364. The vacations are expected to be taken in the next year and the pension rights are expected to be paid in the future 5-30 years. What is the total cost of vacation pay and pension rights to be recognized in the first year? Oa. $66,356 Ob. $37,628 Oc. $23,264 Od. $14,364