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QUESTION 4 Every year, Miramar Inc. gives its employees two weeks of vacation. Employees are allowed to take vacations earned the following year. For the
QUESTION 4 Every year, Miramar Inc. gives its employees two weeks of vacation. Employees are allowed to take vacations earned the following year. For the year ended December 31, 2021, Miramar Inc. employees each earned an average of $800 per week. Eight hundred vacation weeks earned in 2021 were not taken during 2021. At the end of 2021, Miramar Inc. makes an adjusting entry for vacations earned but not taken during the year. Every year, salary rates increase by 6%. Assume salaries paid in 2022 (not including amounts paid for 2021 vacation days used in 2022) totaled $38 million. What is the total salaries expense for 2022? B. O A. $38,640,000 $38,038,400 O C.$38,000,000 OD. $38,678,400
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