he New Fund had average daily assets of $9.5 billion in the past year. If New Funds expense ratio was 0.75% and the management fee was 0.50%. a. What were the total fees paid to the funds investment managers during the year? (Enter your answer in millions. Round your answer to 1 decimal place.)

b. What were the other administrative expenses? (Enter your answer in millions. Round your answer to 1 decimal place.)