Al-Fadhal is the biggest Takaful operator in the region offereing takaful facilites on Wakala-Mudaraba basis as well as Wakala Mushakra basis. Your company has been doing business with AlFadhal with Takaful contract on a Wakala-Mudaraba basis with an an initial contribution of AED 3956. Al-Fadhal divides the net contribution from each participant into Participant risk fund (PRF) and Participant investment fund (PIF). The distrbution is such that 39% of the contribution, after deducting a wakala fee of 22 percent of contirbution, is invested in PRF and the remaining contribution is invested in PIF . The funds in the PIF account are invested under the supervision of both the operator and Shariah Advisory Board. There are 298 participants in the Takaful Fund. All started their contributions at the same time with the same terms of the contract. Suppose that there is 12% average return on the accumulated funds in PIF at the end of the year. The Takaful Fund is renewed every year, the surplus is distributed to the participants on yearly basis and claims are settled into the account at the end of the year. What will be the amount of profit earned on the PIF account, if no claims are made during the year