5a. (4 pts) Fill in the four (4) boxes in the Price Loss Coverage (PLC) wheat example below using the assumed prices and yields. (NOTE: round each answer to the nearest 2 decimal points). Scenario 1 Seenario 2 Reference Price ($/bu) $5.50 $5.50 Marketing Year Average Price ($/bu) $7.50 $3.50 Marketing Loan Rate ($/bu) $2.94 $2.94 PLC Payment Rate ($/bu) Payment Yield (bu/ac) 40 40 Payment Factor 85% 85% Base Acres (ac) 100 100 PLC Posment T 5b. (8 pts) Fill in the eight (8) boxes in the Agriculture Risk Coverage - County (ARC-CO) corn example below using the assumed prices and yields (VOTE: round each answer to the nearest 2 decimal points). 2018 2019 2020 2021 2022 ONMPiC Average County Yield (bu/ac) 121 140 100 129 126 Marketing Year Average 3 1 3 56 54.53 $6.00 $6.70 Price ($/bu) ' ' ' ' ' Benchmark County Revenue: ARC Guarantee (86%): Actual County Yield: 100 Marketing Year Average Price: $4.50 Actual Revenue ($/ac): $450.00 Revenue Shortfall ($/ac): Maximum ARC Payment (10%) ($/ac): Payment Rate ($/ac): Payment Factor: 85% Base Acres (ac): 100 ARC Payment ($): 6a. (8 pts) Assume a farm had 800 acres of wheat base. In the 2014 Farm Bill, owners of farms had the option to keep their existing base acres or to reallocate them in proportion to the covered commodities planted on the farm, on average, from 2009 to 2012. Fill in the eight (8) boxes in the example below that illustrates the options for reallocating base acres on the farm [NOTE: other than grass, all crops listed are covered commodities]