Patton Co. has just launched its initial public offering IPO with the help of Gamma Invest a multinational investment bank. During the IPO, the firm issued 4 million new shares. The initial price was $28 per share with Gamma Invest retaining $3.8 fees. The first day closing price was $33.

1. What were the gross proceeds from this offering?

2.. What offering percentage did Gamma Invest receive?

3.What is the indirect cost of going public for Patton Co.