1) Bank ABBs balance Sheet showed a balance of Non Performing Provisions [i.e. Provision for Loans or Credit Impairments or Loan Loss Reserves] of 5,000,000 EGP as of 31/12/2019 . During 2019, the bank made new NPLs or Credit Impairment provisions of 3,000,000 EGP and charged off or Write Offs of NPLs reached 1,575,600 EGP during the same year. What was the banks reserve for loan losses as of 01/01/2019?