5.) XYZ Life Company issues 600 fully discrete whole life insurance policies of 10,000 to lives each age 60, with independent future lifetimes. You are given: (i) The annual gross premium is 225 per policy. (ii) Each policy is assumed to incur an expense of 40 at the beginning of each year. (iii) Gross premiums and reserves are calculated using q56 = 0.012 and i = 6%. (iv) At the end of the sixth policy year: The gross premium reserve per policy is 520 (v) There are 560 policies in force During the seventh policy year: The actual expense incurred per policy was 43 There were a total of 4 actual deaths The earned interest rate was 7.5% Calculate the total aggregate profit for the seventh policy year.