To forecast Faro's commercial general liability losses, the CRO will apply Faro's revenues as the exposure base. Determine the adjusted revenues using the revenues and trend factors as follows:

Loss Year	Revenue	Trend factor to 20X7
20X1	$99,050,000	1.71
20X2	$105,731,000	1.59
20X3	$120,963,000	1.32
20X4	$127,511,000	1.22
20X5	$143,759,000	1.13
20X7	$156,000,000

b) calculate the losses per $1000 of revenues with the understanding that losses are limited to $50,000 per occurrence.

c) Determine the total losses for 20X7.