Suppose a bank holds GBP 100 million in its beginning balance of Allowance for Loan Losses account. Assume the bank anticipates that the amount of this year's provision for loan loss is GBP 1 million. a) Impute the ending balance of the Allowance for Loan Losses account. (5 marks) b) If the bank charged off GBP 500,000 of the bank's loans, what is the ending balance of the Allowance for Loan Losses account? (5 marks) c) Based on your calculations in (a) and (b), if the amount of total gross loans did not increase throughout this year, what is your evaluation of the bank's credit risk management? (5 marks)