An employee worked the entire year of 2022 and earned a year-end bonus equivalent to 80 hours multiplied by the employee's rate of pay at December 31, 2022. At December 31, 2022 the employee's pay rate was ( $ 15 ). Assuming the company uses the accrual method of accounting, the amount that will be reported on the 2023 income statement as an expense for the bonus paid in 2023 is ( $ ) ? ( $ 1200.00 ) ( $ 0.00 ) ( $ 904.20 ) ( $ 871.93 )

An employee worked the entire year of 2022 and earned a year-end bonus equivalent to 80 hours multiplied by the employee's rate of pay at December 31, 2022. At December 31, 2022 the employee's pay rate was $15. Assuming the company uses the accrual method of accounting, the amount that will be reported on the 2023 income statement as an expense for the bonus paid in 2023 is $ ? $1200.00 $0.00 $904.20 $871.93 An employee worked the entire year of 2022 and earned a year-end bonus equivalent to 80 hours multiplied by the employee's rate of pay at December 31, 2022. At December 31, 2022 the employee's pay rate was $15. Assuming the company uses the accrual method of accounting, the amount that will be reported on the 2023 income statement as an expense for the bonus paid in 2023 is $ ? $1200.00 $0.00 $904.20 $871.93