Vacation pay and pension benefits Regling Company provides its employees vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $25,000 for the period. The pension formula determined a pension cost of $139,250. Only $105,000 was contributed to the pension plan administrator. a. Journalize the entry to record the vacation pay. If an amount box does not require an entry, leave it blank. b. Journalize the entry to record the pension benefit. If an amount box does not require an entry, leave it blank