2QH/LQH'LDJUDP2/9 6KRUW&LUFXLW$QDO\VLV hϯ ϵϲϵ͘ϵŬsƐĐ hϭ ϵϲϵ͘ϵϮDsƐĐ KƉĞŶ ϭϲŬ ϯϱŬs ϯϱŬs Dϭ ϭϲ͘ϲϮ Ϭ͘ϲϯŬ ĂďůĞ& Dϭ ϵŬ ĂďůĞ& KƉĞŶ KƉĞŶ DdDϭ ϳ͘ϱDs DdDϮ ϳ͘ϱDs ĂďůĞϯ ƵƐϭϲ͘ϯŬs^t'Z ϱ͘ϱϵϰŬ ĂďůĞϭϬ ϭϯ͘ϵϮ ϴ͘ϮϯϱŬ ϭϯ͘ϲϰ ϯŬ Ϭ͘ϭϬϯŬ ϲ͘ϯŬs ϬŬ ϲ͘ϯŬs ƵƐϭϲ͘ϯŬs^t'Z ϭϯ͘ϱϰϴŬ ϲŬ Ϭ͘ϭϬϯŬ KƉĞŶ ĂďůĞϭϲ ĂďůĞϭϳ ĂďůĞϵ ĂďůĞϱ DdϮ ϯϮϬŬs Ddϭ ϯϮϬŬs ϲ͘ϯŬs h^Ϯϲ͘ϯŬs^t'Z ϭϯ͘ϴϴ ϮŬ ϭ͘ϰϴϲŬ KƉĞŶ ĂďůĞϭϱ ĂďůĞϭϮ s&ϭ ϲŬs ƵƐϭϴ ϲŬs ƵƐϮϮ ϲ͘ϳϬϳŬ ƵƐϮϱ ĂďůĞϮϯ ĂďůĞϭϴ s&ϯ s&Ϯ ϮŬ ϲ͘ϰϯϱŬ ϮŬ KƉĞŶ ĂďůĞϭϵ ĂďůĞϳ ϭϯ͘ϴϴ Ϯ͘ϬϳŬ ϲ͘ϯŬs KƉĞŶ ĂďůĞϰ s&ϰ ƵƐϮϯ Ϯ͘ϭϲϴŬ ϭϭ͘ϳϭϰŬ KƉĞŶ ĂďůĞϭϯ ϲŬs Ϭ͘ϭϬϯŬ ƵƐϮϲ͘ϯŬs^t'Z ϴ͘ϮϱϭŬ ϭ͘ϵϳϴŬ ϭϯ͘ϭϰ >s>K ϯϮϬŬs >s>K ϯϮϬŬs ĂďůĞϮϭ ϭ͘ϲϰϮŬ ϭϯ͘ϭϵ ϳ͘ϱϲϰŬ ϭ͘ϵϳϭŬ ϳŬ ƵƐϳ ϲŬs ϭϯ͘ϳϳ ϭ͘ϰϴϴŬ ϭŬ ĂďůĞϭϰ Ϯ͘ϬϭϰŬ ϭϮ͘ϵϴ ĂďůĞϮϵ ϲ͘ϯŬs ĂďůĞϴ ϭϬ͘ϵϲϳŬ Ϯ͘ϬϮϭŬ tĂƚĞƌƉƵŵƉϮ ϮϯϱϬŬt SDJH$SU3URMHFW)LOH6/'B09 ƵƐϵ ϲŬs ϭϭ͘ϰϴϯŬ ϭ͘ϰϮŬ ϭϮ͘ϵϬ tĂƚĞƌƉƵŵƉϭ ϭϴϬϬŬt ĂďůĞϮϱ ϭ͘ϳϵϳŬ ϴ͘ϬϱϰŬ ƵƐϮϬ ϭϮ͘ϮϴϮŬ ϯŬ ϲŬs ϭ͘ϴϰϰŬ ϲŬs ƵƐϲ ĂďůĞϮ ϭϭ͘ϭϲϴŬ ϭϯ͘Ϭϭ ϭ͘ϴϰϵŬ Ŭ ϳŬ tĂƚĞƌƉƵŵƉϯ ϮϯϱϬŬt ϭϯ͘ϭϵ ϭ͘ϰϵϴŬ ϯŬ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