A square loop of side 12 cm with its sides parallel to X and Y axes is moved with a velocity of 8 cm s in the positive x-direction in an environment containing a magnetic field in the positive z-direction. The field is neither uniform in space nor constant in time. It has a gradient of 10 T cm along the negative x-direction (that is it increases by 10- T cm as one moves in the negative x-direction), and it is decreasing in time at the rate of 10 T s. Determine the direction and magnitude of the induced current in the loop if its resistance is 4.50 m2.