Central Meat Market has been experiencing declining earnings but has just announced an extra bonus for its top executives. GFW MM, one of its subsidiaries, is disgusted with current management practices and is trying to get some of its own people elected to the board of directors.

There are 13 directors and 32,000 shares of stock outstanding. GFW MM controls proxies for 14,001 shares.

Required:

A. Under cumulative voting procedures, how many directors can GFW MM elect? (Round down the final answer to the nearest whole number.)

B. How many shares will GFW MM have to acquire in order to elect seven directors under cumulative voting?