[40 Marks] Section C Case Study There are 2 questions in this section. All questions are compulsory to be attempted. Question 1 Accounting for Annual Leave (LAS19) [20 Marks] Vision Ltd employs 5 (five) staff. Each staff member is entitled to 20 days of annual leave per annum. Details of each employee's leave entitlement on 30 June 2023 are as follows: Employee Salary Days owing @ 1/7/22 Days taken during the year Tariq Shah $55,000 17 18 Ashwin Chand $40,000 5 14 Ben Smith $75,000 24 17 Greg Brown $67,500 3 15 Samuela Toqa $30,000 9 25 There are 260 workdays in a year. On 1 July each year, all employees receive a 5% wage rise. There are no other wage rises given during the year. Required: (i) Calculate the amount of annual leave that should be accrued for each employee as of 30 June 2023. [10 marks] (ii) Explain how a defined contribution superannuateon plan differs from a defined benefit superannuateon plan. [5 marks] (iii) Evaluate the difference between accumulating and non-accumulating sick leave and vesting and non-vesting sick leave.