USE THE FOLLOWING INFORMATION FOR QUESTIONS #3-4: TMR Corporation has the following information regarding its employees and their vacation policy is each employee earns 3 weeks of vacation per year and it can carryover to 1 subsequent year: Vacation Weeks Earned and Total Weeks Earned and Taken Taken in 20X1 in 20X1 3 3,000 2 2,400 1 1,400 0 6,800 Total Carryover Weeks Average Compensation per 1,200 Week per Employee: 2,800 The following amount of 4,800 weeks of vacation were taken 8,800 in 20X2: $ Employees 1,000 1,200 1,400 1,600 5,200 $ 200 8,400 3. What is the Vacation Payable balance after the adjusting journal entry booked at 12/31/X1 based on the above fact pattern? Enter the amount as a positive number with no symbols. . What is the journal entry needed on 12/31/X2 after the remaining weeks of vacation earned in 20X1 expire? . Debit Vacation Payable for $80,000 and Credit Vacation Expense for $80,000 . Debit Vacation Payable for $80,000 and Credit Cash for $80,000 . Debit Vacation Payable for $400,000 and Credit Vacation Expense for $400,000 . Debit Vacation Payable for $400,000 and Credit Cash for $400,000