As you can see I have attempted this problem with minimal success. Please show the step and what you multiplied by to get your answers so I can work backwards and learn. Thank you!

Exercise 13-4 Tamarisk Company began operations on January 2, 2016. It employs 11 individuals who work 8-hour days and are paid hourly. Each employee earns 12 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows. Actual Hourly Wage Rate Vacation Days Used by Each Employee 2016 2017 Sick Days Used by Each Employee 2016 2017 2016 $12 2017 $13 11 Tamarisk Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time. Year in which Vacation Time Was Earned Projected Future Pay Rates Used to Accrue Vacation Pay $12.58 13.57 2016 2017 Prepare journal entries to record transactions related to compensated absences during 2016 and 2017. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to o decimal places, e.g. 5,125.) Date Account Titles and Explanation Debit Credit 2016 Salaries and Wages Expense Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wages Payable 5280 5280 5280 Cash (To record sick leave paid) Salaries and Wages Expense Tcash (To record vacation time paid) 2017 TSalaries and Wages Expense AU Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wages Expense . x Cash (To record sick leave paid) Salaries and Wages Expense Salaries and Wages Payable Yeash (To record vacation time paid) x Your answer is incorrect. Try again. Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2016 and 2017. (Round answers to o decimal places, e.g. 5,125.) 2016 2017 Accrued liability Click if you would like to Show Work for this question: Open Show Work