4 years ago you open a small burger restaurant and developed a great brand, great food and great service. You began your business with an initial investment of 200,000 and owning 8 million shares. 2 years ago you decided to expand and opened 3 new restaurants. You directly sold 2 million of your existing shares in a secondary offer to your father in law for 500,000.Today,an angel investor has taken notice and wishes expand your local business across the gulf coast. They offer you $4 million for 10 million newly issued shares. Calculate the pre-money valuation of your business.