Gillam County's Chief Risk Officer (CRO), has determined the loss development factors for its commercial general liability loss exposures are: Months after Beginning of Policy Year: 18 30 42 54 Loss Development Factor to Ultimate: 4.30 3.60 2.40 1.15 If Gillam County's incurred general liability losses are $400,000, 30 months after the beginning of a policy year, what are the projected ultimate losses for this policy year? Group of answer choices $1,210,000 $980,000 $1,440,000 $1,770,000