Heliconia ltd informs that it has 6 employees who are entitled to LSL. The LSL can be taken after 10 years of service at which time the employee is entitled to 13 weeks leave. Entitlements to payment on departure arise after 8 years of service. Information about employees.

Number of employees	Current salary per employee	Years of service	Probability that LSL will be paid	Periods to maturity	Hugh quality corporate bind rate
2	150,000	6	45	4	9
2	195,000	7	70	3	7
2	210,000	8	100	2	6

Employees salaries are expected to increase by 2.5% per annum. The opening balance of the LSL provision was $97,000 CR, and the interest rate for corporate bonds for all relevant periods to maturity was 8% at the start of the year.

What is the accounting journal entry to record LSL expenses of the current period, with calculations.

Provide step by step calculations