Vanco Company has 70 employees who work 8-hour days and are paid hourly. On January 1, 202 company began a program of granting its employees 10 days of paid vacation each year. Vacation in 2025 may first be taken on January 1, 2026. Information relative to these employees is as folle Year 2025 2026 2027 O $126,000 O $142,800 O $114,800 Hourly Wages $20.50 22.50 25.50 O $0 Vacation Days Earned by Each Employee Vanco has chosen to accrue the liability for compensated absences at the current rates of pay in the compensated time is earned. What is the amount of expense relative to compensated abse should be reported on Vanco's income statement for 2025? 10 10 10 Vacation Days Used by Each Employee 0 8 10

Vanco Company has 70 employees who work 8-hour days and are paid hourly. On January 1, 20 company began a program of granting its employees 10 days of paid vacation each year. Vacatio in 2025 may first be taken on January 1, 2026. Information relative to these employees is as foll Vanco has chosen to accrue the liability for compensated absences at the current rates of pay i the compensated time is earned. What is the amount of expense relative to compensated abse should be reported on Vanco's income statement for 2025 ? $126,000 $142,800 $114,800 $0