Jen and Benny's Ice Cream offers a defined contribution plan to its employees. Under the terms of the plan, Jen and Benny must contribute 2% of its employees' salaries. Prepare the journal entry required to record the cost of this plan, assuming that total salaries for the year are equal to $875,000 and that the sponsor corporation contributes the full amount due under the plan. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Current Year