value: 1.10 points QS 9-8 Accounting for vacations LO P4 Chavez Co.'s salaried employees earn four weeks' vacation per year. It pays $811,200 in total employee salaries for 52 weeks, but its employees work only 48 weeks. This means Chavez's total weekly expense is $16,900 ($811,200/48 weeks) instead of the $15,600 cash paid weekly to the employees ($811,200/52 weeks). Prepare the joumal entry to record Chavez's weekly vacation benefits expense. View transaction list Journal entry worksheet