) Foch began operations on January 2, 2021. It employs 12 people who work 8-hour days. Fach employee earns 10 paid vacation days annually. Vacation days may be taken after andary 10 of the year following the year in which they are earned. The average hourly wage Tate was $23.00 in 2021 and $24.50 in 2022. The average vacation days used by each mpioyee in 2022 wNas 9. Wolff Co. accrues the cost of compensated absences at projected Tates of pay without discounting. In 2021, the projected average hourly wage rate used to accrue vacation time was $24.15. In 2022, this rate was $26. Frepare all necessary journal entries related to compensated absences during 2021 and 2022. 2021: 2022: