IN 3610, Thursday, May 21 at 6pm Saved Help Save & EX Pawprints Paint recently went public in a best efforts offering. The company offered 165,000 shares of stock for sale at an offer price of $27 per share. The administrative costs associated with the offering were $405,000 and the underwriter's spread was 8.5 percent. After completing their sales efforts. the underwriters determined that they sold a total of 158,700 shares. What were the net proceeds to the company? Multiple Choice $3.671335 531064 53.920684 1 of 10 ES Otv OPEN MacBook Air So A * - $ 4 % 5 1 7 2 & 7 3 6 8 9 0 Q W E R T Y U } - O P 1 A S D F HJK L > N V C V B NM 9.2 db al command command option Help Multiple Choice $3,671,325 $3,110,684 $3,515684 $3.920684 $3266.325 Prey 1 of 10 il Next > etv A OPEN P MacBook Air 80 908 4 A # 3 2 $ 4 % 5 & 7 + 6 OD 9 0 W E R Y U S DF I J K L X C V