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Written premium $12.2 million Earned premium: 11.9 million Net Service Charges: $11,500 Loss Ratio: 63% Loss adjustment expense ration: 8.4% General Expense Ration: 17.94% What

Written premium $12.2 million

Earned premium: 11.9 million

Net Service Charges: $11,500

Loss Ratio: 63%

Loss adjustment expense ration: 8.4%

General Expense Ration: 17.94%

What is the dollar amount of the loss adjustment expenses?

a. 2.2 million

b. 2.5 million

c. 2 million

a. 1.5 million

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