The employees of an Australian company are entitled to 9 weeks' long service leave after 10 years' continuous service. The following information has been compiled for calculating the liability for long-service leave as at 30 June 2020. Years of service Number of Aggregate annual Aggregate Probability of 30 June 2020 employees @ 30 salaries for projected annual becoming June 2020 2019/2020 $ salaries when unconditionally leave is due $ entitled to LSL 30 2,550,000 5,100,000 0.25 45 6.525.000 9.787,500 0.70 28 4,680,000 4.773.600 1.00 The long-service leave liability reported for the year-ended 30 June 2019 was $1,100,000. The following government bond rates have been identified. Period to Maturity (years) Government Bond rate (%) 20 3.0 5.0 REQUIRED: a) Calculate the Long service liability as 30 June 2020. (9 marks) [Answer and show workings here] b) Prepare the general journal entry in the books of the company for the year ended 30 June 2020 to provide for long-service leave for its employees in accordance with the requirements of AASB 119. (2 marks)