Blue Panda has preferred stock that pays a dividend of $7.00 per share and sells for $100 per share. It is considering issuing new shares of preferred stock. These new shares incur an underwriting (or flotation) cost of 2.30%. How much will Blue Panda pay to the underwriter on a per-share basis? After it pays its underwriter, how much will Blue Panda receive from each share of preferred stock that it issues?