An Insurance Line Has a Pure Loss Ratio of 65

An insurance line has a pure loss ratio of 65%, LAE of 16%, an expense ratio of 26%, the firm pays 3% of premiums to policyholders as dividends, and has an investment yield to premium ratio of 6%. Which one of the following statements is true?

A) The line is profitable because the operating ratio is greater than 100.
B) The line is profitable because the operating ratio is less than 100.
C) The line is not profitable because the operating ratio is greater than 100.
D) The line is profitable because the combined ratio after dividends is greater than 100.
E) The line is profitable because the combined ratio after dividends is less than 100. Operating ratio = 65 + 16 + 26 + 3 - 6 = 104