During its first year of operations, a company granted employees paid vacations that are estimated at a total cost of $30,000, Some employees already took their paid vacations, and the company paid out $10,000 for those vacations. How much vacation pay liability should be recognized at the end of the first year? a $30,000 b. $20,000 C. $5,000 d. $10,000 OA OB OD