Betty and James Holloway invested $70,500 in the Financial Vision Social Responsibility Fund. The management fee for this fund is 0.60 percent of the total asset value. Calculate the management fee the Holloways must pay. The Yamaha Aggressive Growth Fund has an expense ratio of 1.84 percent. If you invest $57,500 in this fund, what is the dollar amount of fees that you would pay this year? (Round your answer to 2 decimal places.)