Roy Industries has three employees. Each employee earns two vacation days a month. Roy pays its employees a weekly salary of $2,750 for a five-day workweek. Requirements 1. Determine the amount of vacation expense for one month. 2. Journalize the entry to accrue the vacation expense for the month. Requirement 1. Determine the amount of vacation expense for one month. Select the correct formula and calculate Roy Industries' vacation expense for one month. (Abbreviations used: Ees = Employees; Mo. = Month; Wk. = Workweek.)