A company makes accounting profits of $16,000 before allowing $2,000 depreciation expense and income tax. The depreciation deduction for the year on non-current assets total $3,500 and the tax rate is 30%. According to AASB 112 Income Taxes, how much is the current tax expense? (assuming that accounting profit is not different from the taxable profit before the depreciation is considered

$5,250

$3,750

$4,800

$4,350