The total income generated from investments

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An insurance company collected $4.2 million in premiums and disbursed $2.02 million in losses. Loss adjustment expenses amounted to 7.2 percent and dividends paid to policyholders totaled 1.8 percent. The total income generated from their investments was $230,000 after all expenses were paid. What is the net profitability in dollars? (Enter your answer in dollars not in millions.)

Net profitability $

Reference no: EM131915269

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