Ch15-1: Raybac is about to go public. Its present stockholders own 550,000 shares. The new public issue will represent 930,000 shares. The shares will be priced at $40 to the public with a 16% spread. The out-of-pocket costs in addition to the spread will be $530,000. What are the net proceeds to Raybac? Show all work (display all the variables used in your formulas, and/or detail all steps used in determining the calculation)! Ch15-2: Maxwell Corp. is coming to the market with a new offering of 450,000 shares of stock at $22 to the public. Maxwell will receive $19 per share. The firm has one million shares outstanding and earnings of $6 million before recording the new issue. What is the amount of earnings per share after the stock issuance? Show all work (display all the variables used in your formulas, and/or detail all steps used in determining the calculation)