This is the problem provided:

Problem 7-9 (IFRS) Moderate Bank granted a loan to a borrower on January 1, 2020. The interest on the loan is 10% payable annually starting December 31, 2020. The loan matures in three years on December 31, 2022. Principal amount 5,000,000 Direct origination cost incurred 100,000 Indirect origination cost incurred 50,000 Origination fee received from the borrower 340,000 After considering the origination fee received from the borrower and the direct origination cost incurred, the effective rate on the loan is 12%.1. What is the carrying amount of the loan receivable on January 1, 2020? Present solution in good accounting form. (3 points) 2. Complete the amortization table below. Assume that any rounding off difference will be settled in the year of maturity. (10 points) Interest Collections Carrying Date Earned Interest Principal Amount Jan. 1, 2020 Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2022 3. What is the interest income for 2020? Please rewrite and do just not encircle the amount on the amortization table. (1 point) 4. What is the carrying amount of the loan receivable on Dec. 31, 2020? Please rewrite and do just not encircle the amount on the amortization table. (1 point)