DRK, Inc., has just sold 160,000 shares in an initial public offering. The underwriter's explicit fees were $96,000. The offering price for the shares was $50, but immediately upon issue, the share price jumped to $57.50. a. What is the total cost to DRK of the equity issue? Total cost $ b. Is the entire cost of the underwriting a source of profit to the underwriters? Yes O No