The CIATS Company pays all salaried employees on a Monday for the 5-day workweek ended the previous Friday. The last payroll recorded for the year ended December 31, Year 2018, was for the week ended December 25, 2018. The payroll for the week ended January 1Year 2019, included regular weekly salaries of $80,000 and compensated future absences of $ 25,000 for paid time earned in Year 18 not taken by December 31, 2018. CIATS had accrued a liability of compensated future absences of $20,000 for vacation pay at December 31, Year 2017. In its December 31, Year 2018 what amount should CIATS report as accrued salary and future compensated absences?

64,000

68,000

69,000

89,000