Fin Group Bhd issued 100,000, 8% convertible loan stock on 1 January 2019 at face value of RM1,000 each. The loan stock matures on 31 December 2021 and interest is payable annually in arrears. Each loan stock is convertible at any time up to maturity into 200 ordinary shares with nominal value of RM1 each. On 1 January 2019 the prevailing market interest rate for similar debt without conversion options is 9%. Fin Group Bhd's year end is 31 December. Assume that as at 31 December 2021, all the holders of loan stock choose to convert their interests to ordinary shares. Present Value Factors Period 9% 1 0.9174 2 0.8416 3 0.7722 Required: Based on the information provided above, calculate the equity and liability components of the 8% convertible loan stock as at 1 January 2019. [15 marks]