Question 17-20. Loan Loss Provision Problem. Bank X was audited by the Central Bank of Oman and was required to prepare the Allowance for Loan Losses at the end of 2019. Data provided includes the following: Beginning balances amounted to RO 3.500,000 and 40% of RO 20,000,000 Gross Loans is considered doubtful of collection About 50% of what was considered doubtful was written off and 80% of the accounts written off have been recovered before the end of the year Question 17 How much is the ending balance of Allowance for Loan Losses? Answer: Based on Question 17. How much is the amount of Provision for Loan Losses? Answer Based on Question 17 How much is the amount of written off accounts? Answer 10 (* ENG