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Medical Services Inc. allows employees at the end

Medical Services Inc. allows employees at the end of the year to carry forward up to 40 hours of paid time off at their current salary. James is a full time employee who has unused vacation time of 80 hours, and Marcia, also a full time employee, has unused vacation time of 48 hours. How much should Medical Services Inc. record as a liability for the unpaid vacation time at the end of the year? Employee Hourly Rate James $ 14.00 Marcia $ 16.00 a. $ 1,200 b. $ 1,328 c. $ 1,760 d. $ 1,888

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