Vacation Pay and Pension Benefits Regling Company provides its employees vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $35,000 for the period. The pension formula caloulated a pension cost of $201.250. Only $175,000 was contributed to the pension plan administrator (a) Provide the journal entry for the vacation pay (b) Provide the journal entry for the pension benefit. If an amount box does not require an entry, leave it blank