Mueller, Inc. has 35 employees who work 8-hour days and are paid hourly. On January 1, 2019, the company began a program of granting its employees 10 days of paid vacation each year. Vacation days earned in 2019 may be taken beginning on January 1, 2020. Information relative to these employees is as follows:

Year	Hourly Wages	Vacation Days Earned by Each Employee	Vacation Days Used by Each Employee
2019	$25.80	10	0
2020	$27.00	10	8
2021	$28.50	10	10

What is the total amount of expense related to compensated absences that should be reported on Mueller's income statement for 2020?