Avenge Ltd has 200 employees who are provided with 5 days sick leave for each year of service on a non-vesting accumulating basis. Each employee is entitled to five working days of paid sick leave for each year, and unused sick leave can be carried forward for one year. Sick leave is taken firstly out of the current year's entitlement and then out of any unused entitlement brought forward from the previous year. An average day's salary is $200. At 31 December 20X8, the average unused entitlement is three days per employee. Avenge Ltd expects (based on past experience which is expected to continue) that 150 employees will take five days or less sick leave in 20X9, the remaining 50 employees will take an average of seven days each. In accordance with IAS 19 Employee benefits, what is the company's liabilty for sick leave at 31 December 20X8? A. \$NIL B. $20000 C. $30000 D. $120000