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Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1 million shares. After selling these shares at $22 per share

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Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1 million shares. After selling these shares at $22 per share offering price and netting 95% o the sale proceeds, the firm s obligated by an earlier agreemen to sell an additiona 49 D00 shares a of the offer price total how much cash will the firm net from these stock sales? The net proceeds from these stock sales is $. (Round to the nearest dollar.)

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