The following is the income statement of Al-Aqsa National Bank for the year 2018 in Jordanian Dinars:

Al Aqsa National Bank

Income statement for 2018

Net benefits                                                      30,000,000

Net commissions                                             15.000.000

Another America                                             10,000,000

Net revenue                                                      55,000,000

Ask: expenses payroll                                    2,000,000

Staff training                                                      300,000

Consumptions                                                   3,000,000

Hospitality expenses                                      120000

Miscellaneous Allocations                            4,000,000

Bad debts                                                            250000

Other operating expenses                           15.000.000

Total expenses                                                 24,670,000

Declared net income                                      5,330,000

Upon assessment, the estimate was found to be:

1. That within the salary item 320,000 Jordanian dinars is a value-added tax on wages.

2. Please pay attention to 400,000 Jordanian Dinars, the customer has stopped paying for 120 days.

3. Among the depreciations of devices that cost 200 thousand dinars, 25% have been depreciated, and they are now 5 years old.

4. Miscellaneous balances consist of (a provision for non-performing credit facilities 1,800,000 dinars, an end-of-service benefit of 1,500,000 dinars, and an allowance for vacations of 700,000 Jordanian dinars).

5. Among the bad debts is an amount of 50,000 Jordanian dinars that does not meet the conditions for accepting the execution of the debt.

6. The exchange rate of the dinar is 5 shekels.

7. The terms are processed by law.

Required:

Calculate the income tax due on Al-Aqsa National Bank for the year 2018 in NIS (please show the full solution)