Ethelbert.com is a young software company owned by two entrepreneurs. It currently needs to raise $$1,165,600$ to support its expansion plans. A venture capitalist is prepared to provide the cash in return for a $40\%$ holding in the company. Under the plans for the investment, the VC will hold $18,800$ shares in the company and the two entrepreneurs will have combined holdings of $28,200$ shares.

a$.$ What is the total after$-$the$-$money valuation of the firm?

Note: Enter your answer in dollars not millions.

b$.$ What value is the venture capitalist placing on each share?

a$.$ Valuation of the firm

b$.$ Value of each share