Question 2 (3 points) Metro Co.'s salaried employees earn three weeks' vacation per year. Metro Co. prepared an estimate of the amount of the unpaid vacation earned by employees. That estimated expense is $8,361 of accrued vacation benefits for the year. After Metro Co. makes this entry, how is the accounting equation effected? 1) Equity decreases and vacation expense increases. 2) Equity increases and long-term liabilities increase. 3) Current assets and current liabilities increase. 4) Retained earnings decreases and current liabilities increases. Question 3 (5 points) Problems with the supply chain have been in the news lately. Let's assume (hypothetically) that these problems cause increases in shipping costs. Thinking about large retailers, such as Target or Walmart - how would increased shipping costs affect them? 1) If Target and Walmart were unable to pass on the increased costs to