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7) Given the following information related to KIB. Operating expenses are KD 200,000; Fees from opening accounts are KD 50,000; Direct income is KD 700,000;

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7) Given the following information related to KIB. Operating expenses are KD 200,000; Fees from opening accounts are KD 50,000; Direct income is KD 700,000; Indirect expenses are KD 120,000; and Fees from bank consultations are KD 75,000. The agreed profit-sharing ratio between the Mudarabah depositors and the KIB is 3:5. respectively. Based on the above information, the net income of Islamic bank (Last number in income statement) using the pooling method is A. KD 317500 B. KD 312500 KD 315625 D. KD 332000

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