On 01.01.X1, G Inc. takes out a loan of 600,000 at 10% from a bank. The loan is paid out at a discount of 6%. G Inc. incurred fees of 450 for legal advice. Interest is payable in arrears on the 31.12 each year and the loan amount is to be repaid on 31.12.X4. The effective interest rate is calculated to be 12%. a) Determine the amount at which the loan should be measured at initial recognition. b) Determine the carrying value of the loan at the end of the years X1, X2, X3, and X4 and the amount recorded as interest expense for each year. c) G Inc. guarantees for a bank loan for its subsidiary T Inc. Outline how this guarantee is to be treated in the financial statements of G Inc