The total income generated from their investments was


An insurance company collected $4.1 million in premiums and disbursed $2.01 million in losses. Loss adjustment expenses amounted to 7.1 percent and dividends paid to policyholders totaled 1.7 percent. The total income generated from their investments was $220,000 after all expenses were paid. What is the net profitability in dollars? (Enter your answer in dollars not in millions.) Net profitability $

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Financial Management: The total income generated from their investments was
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