The National Insurance Company's accounting information is summarized in the table below: Item Gross Income (Accumulative) Unacceptable expenses Acceptable expenses Amount 450,000 25,000 30,000 100,000 20,000 Loss from last year Donation to Government Hospital Required: (Based on the Tax System in Jordan) 1. 2. Calculate the taxable income for The National Insurance Company? (5 Marks) Calculate the tax due for The National Insurance Company