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Please answer this Madeline Insurance Co. in Orlando furnished us its data shown below: + Insurance Premiums collectible is $3,750,000 + The breakdown of the

Please answer this

Madeline Insurance Co. in Orlando furnished us its data shown below:

+ Insurance Premiums collectible is $3,750,000

+ The breakdown of the above premiums is as follows:

Life Insurance Premiums 75%

Non-life insurance premiums 25%

+ During the quarter, life insurance premium collected represents 70%.

The Premiums Tax payable is?

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