An entity grants 100 share appreciation rights to its 200 employees on the condition that they remain with the firm for two years. At the end of these two years, the benefits vest and the employees may exercise the options in the two consecutive years. The benefits will be paid out in cash and the cash amount will be determined by the intrinsic value at the date of exercise. The fair value of the appreciation rights and the intrinsic value of the rights are presented below.

At the end of the first year, ten employees leave the company and the company estimates that in the next year 15 more employees will leave. In year 2, 16 employees leave and 74 employees exercise their share appreciation rights immediately when their benefits vest and the remaining 100 exercise their rights in year 3.
Calculate the remuneration expenses and the amount of the liability to be recognized as a result of these share-based payment transactions.

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Year Fair value Intrinsic value 31 36 30 40