100000 proposals were received. Each proposal requires a sum assured of R25000. Underwriting 1500 proposals were declined owing to incomplete information. Additional information is required for 800 proposals before a final decision can be made. 1700 policies were not taken up by proposers. Underwriting expenses are estimated at R68 300. Investment income is estimated at R33100. Claims 42 claims were received, of which 17 were declined during processing. Actuarial A mortality factor of 0,001 is applicable to these proposals. 1.2 The estimated claim amount is ... . a. R2500000 b. R2475000 c. R2 450000 d. R1 050000