E Beedles Itcc. needed to raise $14 million in an 1PO and chose Security Brokers inc. to underwrite the offering. The agreement stated that Security Brokers would sell 3 milion shares to the public and provide $14 mullion in net proceeds to Beedles. The out-of-pocket expenses incurred by Security Brokers in the design and distribution of the issue were $330,000. What profit or loss would Security Brokers incur if the issue were sold to the public at the following average price? Write out your answer completely. For example, 5 million should be entered as 5,000,000, Round your answers to the nearest dollar. Loss should be indleated br a minus sign. a. 54.75 per share? 5 b. 56.5 per share? 5 c. $3.5 per share