A firm was founded with an initial investment of $4 million in 2016. You are given the following series of stock issuance: Date of Number of Total capital Liquidation issuance shares issued raised preference Series A Feb 2016 10000 $4 million Series B Dee 2016 5000 $10 million 10x Series C June 2017 15000 $15 million 1.5x Series D June 2018 20000 $25 million 20% In August 2018, the firm faces financial difficulties and is bought by the state government for $75 million. Each series of shareholders has seniority over the earlier ones. Jane holds 100 preferred shares of series B. Determine the total amount she will receive Possible Answers A 50000 B 60000 C 70000 D 80000 E 90000