Penn Corp. is analyzing the possible acquisition of Teller Company Both firms have no debt. Penn believes the acquisition will increase its total aftertax annual cash flows by $3 million indefinitely. The current market value of Teller is $55 million, and that of Penn is $85 million. The appropriate discount rate for the incremental cash flows is 10 per Penn is trying to decide whether it should offer 45 percent of its stock or $78 million in cash to Teller's shareholders. a. What is the cost of each alternative? (Enter your answers in dollars, not millions of dollars, e.g., 1,234,567.) Cash cost Equity cost