ABC $($Pty$)$Ltd is an SME furniture retailing business. On the $1$st of January $2022,$ the premises were subject to a serious fire which destroyed the building, all contents and stock. Despite an effort to find alternative temporary premises, nothing suitable could be located before expiry of the maximum indemnity period $($MIP$).$ The insured are tenants in the building and only insure Contents, Stock and BI under their policy. There is a cessation of rent clause within the lease with the landlord. The policy is subject to average. BI insurance is provided as follows:

$$ Gross Profit sum insured R$200,000$

$$ Maximum Indemnity Period $12$ months

$$ Uninsured Working Expenses as stated in the policy are:

$$ Purchases, net of stock movement

$$ Delivery charges

$$ Bad debts

The company continued to pay staff during the interruption period and all other costs remained the same.

Turnover for the years before the fire was as follows:

$2019$ R$959,591$

$2020$ R$1,165,775$

$2021$ R$1,088,819$

Financial details for the year ending $31$ December $2021$:

Sales

R$1,088,819$

Finance commission

Income from concession

Turnover

R$1,088,819$

Opening stock

R$21,367$

Production wages

R$71,494$

Purchases

R$608,323$

Closing stock

$-$R$22,646$

Cost of sales

R$678,538$

Gross profit

R$410,281$

Wages and salaries

R$126,368$

Rent

R$44,068$

Rates

R$73,678$

Delivery charges

R$36,422$

Utilities

R$8,507$

Cleaning

R$372$

Waste disposal

R$779$

Repairs and maintenance

R$2,912$

Communication

R$2,481$

Advertising

R$37,198$

Bad debts

R$2,500$

Credit card charges

R$548$

Depreciation

R$1,015$

Total overheads

R$336,848$

Net profit

R$73,433$

Question

Calculate the loss of gross profit amount for $2021$

a$.$

R$442853,00$

b$.$

R$71862,05$

c$.$

$-$R$71862,05$

d$.$

$413596,39$