SITUATION: A company has a policy that employees can roll 40 hours of vacation from 2020 to 2021. The policy states that the vacation will be paid out at the 2020 payrate and must be used prior to December 31, 2021. Sam's payrate on December 31, 2020, is $20.00 and his 2021 payrate is $21.00. The company keeps their books on an accrual basis accounting. The company will report on the 2021 income statement vacation expense for those 40 hours of: O $800 O $880 $8000