3. Accounting for loan assets at amortised cost Finale Ltd is a manufacturing company that makes loans to other parties from time to time. The loan assets are classified by Finale Ltd as subsequently measured at amortised cost. On 1 July 2022, Finale Ltd made the following loan to American Ltd: A 3-year loan of $1 million to American Ltd at an interest rate of 10% p.a. with interest due only on settlement at 30 June 2025. Effective interest rate is 9.1393%. Required Prepare the entries of Finale Ltd to account for the loan from initial recognition on 1 July 2022 to derecognition on 30 June 2025, assuming loans are fully paid on maturity. (LO14)