Autoz Insurance signed a 70 percent treaty contract with SafeNet Re. All risks, premiums, and losses will be shared according to the agreed proportion. In addition, the contract includes a 5 per mille premium rate and a 30 percent ceding commission. Assume that the sum insured is $800,000 and loss incurred is 60 percent of the sum insured. Referring to the loss incurred, how much of the loss will be reimbursed by the reinsur- Select one a $336,000 b. $480,000 O c. $144,000 d. $560,000