A deferred life annuity, issued at age 35, will provide monthly payments of 1000 commencing at age 65. Annual premiums are payable at the beginning of each year for 20 years. During the deferred period, the death benefit is equal to the sum of the gross premiums paid. Gross premiums are equal to 110% of net premiums. Find the gross annual premium given 7V65 = 5000, Des = 500, A^55 = 12,500, 7V35 = 38,000, R35 = 20,000, Rs5 = 7500 and Mes = 300.