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Calculate from the given information. Particulars Direct Re-Insurance Insurance Claims: Paid 120,000 75,000 Payable - 01 Jan 2020 25,000 10,000 31 Dec 2020 15,000 5,000

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Calculate from the given information. Particulars Direct Re-Insurance Insurance Claims: Paid 120,000 75,000 Payable - 01 Jan 2020 25,000 10,000 31 Dec 2020 15,000 5,000 Claims: Received 25,000 Receivable - 01 Jan 2020 2,000 31 Dec 2020 1,000 Other information: Other information: Salaries OMR 130,000, Rent rates & taxes OMR 9,000, Printing & stationery OMR 10,000, Interest, dividend & rent received (net) OMR 115,500, Legal expenses (including OMR 5,000 in connection with the settlement of claims) OMR 30,000, Bad debts OMR 5,000, Income tax refund OMR 12,000 Calculate 0 Net claims OMR 161,000 OMR 204,000 OMR 180,000 Calculate(ii) Operating ex OMR 156,000 Other information: Salaries OMR 130,000, Rent rates & taxes OMR 9,000, Printing & stationery OMR 10,000, Interest, dividend & rent received (net) OMR 115,500, Legal expenses (including OMR 5,000 in connection with the settlement of claims) OMR 30,000, Bad debts OMR 5,000, Income tax refund OMR 12,000 Calculate Net claims Calculate() Operating expenses OMR 179,000 OMR 184,000 None of these OMR 172,000

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