Betare is IPO, a campany has the following foatures There is cne pre-lPO owner holding toow of all 1,000 outstanding shares, and the value of the company betore the IPO in 55,000 in the IPO tselt, the company plans on creating 1,000 additional shares for itseir to sell. The puapose of the IPO is to raise funds for the company, so it can imest in a new project with the Ney of 55,000 . Also, the pre-lPO owner wants to sell 400 of her shares in the IPO The company wants to selil shares. Eisast ansmer the toliowing questions: (1) What are the post mpo number of shares and the percent ownerahip in the company of (i) the pre-ipo owner. (ii) owher aws the conthary isser create froogh their Ifo shawe salos? Piease answer the questons by completing the answer boxes in the respective thble in the solutions template. Please note that 'post-tpo' refers to the period when aat inO transaclons have taken place, ie as lPO share sales have taken place in the primary makket. Question 7: Initial Public Offerings (IPOs) Please provide your solution by completing the respective boxes in the table below (labeled 'Enter correct value here])