Slater is entitled to 4 weeks annual leave a year with a leave loading of 17.5% and has four weeks leave, to the value of $22,000, accrued at the end of his first year of employment. On the first day of his second year of service, Slater is given a pay rise to bring his salary up to $300,000 per annum.

REQUIRED:

After the pay rise, how much must Slater's annual leave payable be adjusted by?

Round all calculations to the nearest whole dollar (i.e., no decimal places). Do not include commas and dollar sign ($) in your answer. Present $1,000 as 1000.