A company gives each of its65employees (assume they were all employed continuously through 2017 and 2018)12days of vacation a year if they are employed at the end of the year. The vacation accumulates and may be taken starting January 1 of the next year. The employees work8hours per day. In 2017, they made $29per hour and in 2018 they made $32per hour. During 2018, they took an average of9days of vacation each. The company's policy is to record the liability existing at the end of each year at the wage rate for that year. What amount of vacation liability would be reflected on the 2017 and 2018 balance sheets, respectively?

$180960; $240760

$199680; $249600

$180960; $249600

$199680; $240760