JOHNSON BOOKED THE FOLLOWING ENTRY FOR ITS CURRENT YEAR TAX EXPENSE: INCOME TAX EXPENSE DEFERRED TAX LIABILITY TAXES PAYABLE 110,880 4,620 115,500 JOHNSON'S PRE-TAX DEPRECIATION INFORMATION IS AS FOLLOWS: BEG 49,000 52,700 END JOHNSON'S PRE-TAX VACATION INFORMATION IS AS FOLLOWS: BEG ? END 45,000 REQUIRED: WHAT WAS THE BEGINNING VACATION ACCRUAL? (EXPECTED FUTURE TAX RATE = 21%) JOHNSON BOOKED THE FOLLOWING ENTRY FOR ITS CURRENT YEAR TAX EXPENSE: INCOME TAX EXPENSE DEFERRED TAX LIABILITY TAXES PAYABLE 110,880 4,620 115,500 JOHNSON'S PRE-TAX DEPRECIATION INFORMATION IS AS FOLLOWS: BEG 49,000 52,700 END JOHNSON'S PRE-TAX VACATION INFORMATION IS AS FOLLOWS: BEG ? END 45,000 REQUIRED: WHAT WAS THE BEGINNING VACATION ACCRUAL? (EXPECTED FUTURE TAX RATE = 21%)