Please show your work on how you got the answer.

Exercise: Policyholders' Surplus 1. An insurance company's total assets were $400 million. Its total liabilities were $340 million. What was the insured policyholder surplus? 2. Assume it was determined that the insurer above had overestimated its loss reserves by $20 million. If the loss reserve estimate was corrected, what is the impact on policyholders' surplus