Answer the 3 questions by using the coverage diagram that describes liability coverage purchased by Good As Gold Manufacturing Company, on an occurrence basis, for the five-year period ending December 31, 2003. Assume that the Primary Insurer (Company P) is different than the other listed insurance companies. Where several companies are shown in a coverage block, they have agreed to share losses within that block in proportion to their aggregate share of the coverage block.

1. Good as Gold has two claims against it that relate to 2002 occurrences, one for $5 million and another for $15 million. What is the total amount that the primary company (Company P) will be responsible for with respect to these claims? (Format for all three answers Example: if your answer is $3m, type in 3) Blank1
2. In 2003, a jury awards damages of $18 million to the plaintiff relating to an event that occurred in 2001. What is the total amount that Good as Gold will be responsible for? Blank 2
3. A jury awards $40 million in damages for a claim that occurred in 2003. What is the total amount relating to this claim that Company C will be responsible for? Blank 3