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3. Before the accident, the contractor was paying $1.00 per $100 of payroll from a payroll of $10,000,000 as an insurance premium. After the accident

3. Before the accident, the contractor was paying $1.00 per $100 of payroll from a payroll of $10,000,000 as an insurance premium. After the accident and the compensation claim filed by the injured worker, the employer has been levied a surcharge of 10%. Based on an insurance premium of $1.00/$100 payroll, how much more is the employer paying for workers' compensation insurance because of the ERA surcharge? The payroll is now $15,000,000. (3 points)

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