For Mortenson Company, the following information is available: 
In Mortenson's multiple-step income statement, gross profit
Definitions:
Life Insurance Firms
Companies that provide financial compensation to beneficiaries upon the death of the insured person.
Death Benefit
The sum paid to a policyholder's beneficiaries upon their death, typically in life insurance and annuities.
Variable Life
A type of life insurance policy where the cash value and death benefit vary based on the investment performance of funds chosen by the policyholder.
Universal Life
It's a flexible premium, adjustable life insurance product where the excess of premium payments above the current cost of insurance is credited to the cash value of the policy.
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