JWS Transport Companys employees earn vacation time at the rate of 1 hour per

JWS Transport Companys employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is an employee is
entitled to the pay even if employment terminates). During 2011 total wages paid to employees equaled $404000 including $4000 for vacations actually taken
in 2011 but not including vacations related to 2011 that will be taken in 2012. All vacations earned before 2011 were taken before January 1 2011. No accrual
entries have been made for the vacations. No over-time premium and no bonuses were paid during the period.
Prepare the appropriate adjusting entry for vacations earned but not taken in 2011.