A life insurance company valuation of balance sheet is provided below: The life assurance fund on 31/2/2020 amounted to 6,384,000 before providing OMR 64,000 for the shareholders dividend for the year 2020. Its actuarial value due on 31/12/2020 disclosed a net liability of OMR 6,080,000 under assurance annuity contracts. An interim bonus of OMR80,000 was paid to the policy holders during the year 31/12/2020 Calculate the surplus: . Calculate true profit : An interim bonus of OMR80,000 was paid to the policy 31/12/2020. Calculate the surplus OMR 320,000 OMR 304,000 None of these Calculate true profit : OMR 384,000 Calculate true profit None of these OMR 448,000 OMR 320,000 OMR 304,000