On December 31, 20xx, ABC company needed to record its accrued wages for year-end. If December 31 is a Thursday, then ABC company must account for four days of wages. The Company operates on a five-day workweek, the week's gross pay is $70,000, and the net pay is $42,000. What is the amount of earnings the company would need to record in the adjusting entry to be made on December 31st for the accrued wages?
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