Suppose that in April 2019, Van Dyck Exponents offered 100 shares for sale in an IPO. Half of the shares were sold by the company and the other half by existing shareholders, each of whom sold exactly half of their existing holding. The offering price to the public was $50 and the underwriters received a spread of 7%. The issue was heavily oversubscribed and on the first day of trading the stock price rose to $160.

a-1. What were the proceeds of the issue to the company? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

a-2. What were the proceeds of the issue to the shareholders? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

b. How much commission did the underwriters receive? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

c. How much money was left on the table? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

d. What was the cost of the underwriting to the selling shareholders? (Do not round intermediate calculations. Round your answer to the nearest whole number.)