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On January 1, 2024, Poplar Fabricators Corporation agreed to grant its employees two weeks of vacation each year, with the stipulation that vacotions earned eoch year can be taken the following yeat. For the year ended December 31, 2024, Poplar Fabricators' employees each earned an average of $850 pot week. Nine hundred vacation weeks earned in 2024 were not taken during 2024. Required: 1. Prepare the oppropriate adjusting entry for vacations earned but not taken in 2024. 2. Suppose that, by the time vacations actually are taken in 2025 , salary rates for employees have risen by an average of 5 percent from their 2024 level. Also, assume salaries eamed in 2025 (including vacations earned and taken in 2025 ) were $30 million. Prepare a journal entry that summarizes 2025 salaries and the payment for 2024 vacations taken in 2025. (8) Answer is not complete. Complete this question by entering your answers in the tabs below. Suppose that, by the time vecations actunliy are taken in 2025, salsry rates for employees have risen by an average of 5 percent from their 2024 level. Aso, aswume saiaries earmed in 2025 (induding vacations earned and taken in 2025 ) were 530 million. Prepare a joumal entry thot summarizes 2025 solaries and the payment for 2024 vacations taken in 2025. Note Enter your answers in whide doltars. If no entry is required for a transactiof/event, select "No journal entry required" in. the first diccount field