Current Attempt in Progress Bramble Corp. has 70 employees who work 8-hour days and are paid hourly. On January 1, 2020, the company began a program of granting its employees 10 days of paid vacation each year. Vacation days earned in 2020 may first be taken on January 1, 2021 Information related to these employees is as follows: Hourly Wages Vacation Days Earned by Each Employee Year Vacation Days Used by Each Employee 0 2020 $21.50 10 2021 23.50 10 8 2022 26.50 10 10 Bramble has chosen to accrue the liability for compensated absences at the current rates of pay in effect when the compensated time Is earned What is the amount of expense related to compensated absences that should be reported on Bramble's income statement for 2020? $0 $131600 $120400 $148400