Assume the inference engine performs reasoning with backward chaining to decide if the loan should be approved or not; starting goal: approve the loan.

Rules in the conflict set are executed in the order they are stored in the example rule base.

Give the list of rules in the order of their execution for the example rule$-$base used for approving bank loans. Each rule should be written out in full and have the same number as given in the rule base. Mention why a rule is selected for execution. Write the word Succeeded or failed $($in parentheses$)$ after each rule listed.

For every rule listed, after each proposition in the rule, write the rule number $($in parentheses$)$ of any rule used to establish that proposition$$s truth. If instead of a rule, a user$-$supplied fact is used in establishing the proposition, write $($supplied fact$).$

Conclude by writing the inference derived and explain how it was arrived at$.$

Note: For an antecedent with multiple AND$-$ed propositions, if any proposition evaluates to false, the remaining ones are not evaluated by the inference engine.