On January 20, Whalen Inc. sold 9 million shares of stock in an SEO. The market price of Whalen at the time was $40.50 per share. Of the 9 million shares sold, 4 million shares were primary shares being sold by the company, and the remaining 5 million shares were being sold by the venture capital investors. Assume the underwriter charges 4.7% of the gross proceeds as an underwriting fee.

a.	How much money did Whalen raise? (Round to 2 decimal places)
b.	How much money did the venture capitalists receive? (Round to 2 decimal places)
c.	If the stock price dropped 2.6% on the announcement of the SEO and the new shares were sold at that price, how much money would Whalen receive? (Round to 2 decimal places)