ByLine, Inc. just sold 900,000 shares in a public offering for an offering price of $28 per share. The underwriting fee was 8.50% of the issue's total value based on the offering price. As soon as the shares were issued, the price jumped to $40 per share. What are the explicit, implicit, and total costs of the issue? (Round your answer to the nearest dollar.) a. Explicit cost b. Implicit cost c. Total cost