Grouper Limited began operations on January $2,2022.$ Grouper employs $15$ individuals who work eight$-$hour days and are paid hourly.

Each employee earns $10$ paid vacation days and $5$ 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:

Assume that Grouper Limited has chosen not to recognize paid sick leave until it is used, and has chosen to accrue vacation time at

expected future rates of pay without discounting. Grouper uses the following projected rates to accrue vacation time:

Year in Which Vacation Time

Was Earned

$2022$

$2023$

Projected Future Pay Rates Used

to Accrue Vacation Pay

$$20\mathrm{.}75$ per hour

$$22\mathrm{.}60$ per hour

Calculate the amounts of any liability for vacation pay and sick days that should be reported on the SFP at December $31,2022$ and

$($Do not leave any answer field blank. Enter O for amounts.$)$