Vanco Company has 70 employees who work 8-hour days and are paid hourly. On January 1, 2020, the company began a program of granting its employees 10 days of paid vacation each year. Vacation days earned in 2020 may first be taken on January 1, 2021. Information relative to these employees is as follows: Hourly Year Wages Vacation Days Earned by Each Employee Vacation Days Used by Each Employee 2020 $20.50 10 2021 22.50 10 8 2022 25.50 10 10 10 What is the amount of the accrued liability for compensated absences that should be reported at December 31, 2022? O $142,800. $394,800. O $168,000. O $193,200