Font Ltd has been operating for years and currently employs 14 staff. The total weekly wages expense is $16,800 ($1,200 × 14 staff). Employees are entitled to four weeks of annual leave (with a 17.5% loading) and two weeks of sick leave per year.

Font Ltd raised an annual provision for sick leave of $33,600. By the end of the year, staff had taken the following sick leave:

• 2 staff members had taken all of their sick leave (2 weeks each)

• 8 staff members had taken one week of sick leave each

• 4 staff members had taken no sick leave

Assuming no other entries have been made to the Provision for Sick Leave account, what is the closing balance of the Provision for Sick Leave account at this time?