Sunland provides its employees two weeks of paid vacation per year. As of December 31, 65 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is $870, what is the required journal entry to accrue compensated absences? O No journal entry required. O Debit Salaries and Wages Payable for $112595 and credit Salaries and Wages Expense for $112595. O Debit Salaries and Wages Expense for $56550 and credit Salaries and Wages Payable for $56550. O Debit Salaries and Wages Expense for $113100 and credit Salaries and Wages Payable for $113100