ROZY is about to go public. Its present shareholders own 500,000 shares. The new public issue will represent 800,000 shares. The shares will be priced at $25 to the public with a 4% spread. The out-of-pocket costs will be $950,000. What is the net proceeds to the firm? A. $19,200,000 B. $18,250,000 C. $18,750,000 D. $19,550,000