Conduit Corporation has 45 current employees: 5 managers and 40 non-managers. Human Computer InteractionThe average wage paid is $250 per day for non-managers. The company has just finished negotiating a new employee contract with the non-managers that would see this increase by 3% effective January 1, 2015. The company s fiscal year end is December 31, 2014. You are the controller for Conduit and are completing the year-end adjusting journal entries. The company has the following employee benefit plans. 1. Non-manager employees are entitled to two sick leave days per month. If any days are not taken, they may accumulate and be taken as vacation or paid in cash. The sick days may be carried forward to the end of the next year. At the end of the year, there were 60 accumulated sick leave days that had not yet been taken. 2. Parental leave: Any employee is entitled to one year s parental leave. The company will pay the amount to top up the unemployment benefits received to make up the employee s annual salary at the time the leave is taken. Currently, there is one employee on parental leave, who started her maternity leave on December 15, 2014. It is expected that the top-up required will be $1,000 per month for 12 months and the employee was paid $500 on December 31, 2014. There is another employee who is trying to adopt a child and has also said that he will want paternity leave at the time the adoption occurs. The top-up is also estimated to be $1,000 per month for this employee. 3. A profit-