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The company has 12 employees, each of whom earns $14 an hour for a 40 hour work week. Each employee also earns 5 days of

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The company has 12 employees, each of whom earns $14 an hour for a 40 hour work week. Each employee also earns 5 days of sick leave per year. Employees took a total of 7 sick leave days during the year. Sick leave vests (accumulates). What amount(s), if any, should the company report as a current liability at the end of the year - December 31? SHOW YOUR WORK

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