HSBC provides employee leave entitlements such as paid sick leave and share-based compensation to their employees. Other than that, bonus payment may be awarded to the Company's director. At 1^st January 2016, the company projected annual bonus amount for a director between 1^st January 2016 and 31^st December 2018 as below: Probability Bonus Amount Highly outcome 50% $100,000 Moderate outcome 40% $50,000 Remote outcome 10% $20,000 For equity settled share based payment, the company estimates a grant date value of $5 for each of the employee stock options. The total fair value of the options granted is $900,000 (180,000 options). Compensation expense is allocated over three years from 1st January 2016 (the grant date) to 31^st December 2018. For granting ordinary shares ($1 per share), the total exercise price is $700,000. Year end is 31^st December. Require a) As a general practice, should the company recognize a provision regard estimated liability regard employee leave entitlement because of services rendered by employees at year end? b) What is the definition of provision under HKAS 37/IAS 37? c) As a general practice, should the company recognize a provision regard estimated liability regard sick leave? Explain briefly. d) What is the net amount regard bonus payment as at year end 2016? e) Should the total amount to be expensed over the vesting period is determined by reference to the fair value of the options granted, excluding the impact of any non-market vesting conditions such as profitability and sales growth targets? f) Please provide the journals regard share based payment between 1^st January 2016 and 31^st December 2018 if it is assumed that all options will be exercised