Suppose that Papa Bell, Inc.$\text{'}$s$,$ equity is currently selling for $$41$ per share, with $3\mathrm{.}6$ million shares outstanding. The firm also has $8,000$ bonds outstanding, which are selling at $95$ pe of par. Assume Papa Bell was considering an active change to its capital structure so as to a D$/$E of $0\mathrm{.}5.$

Which type of security $($stocks or bonds$)$ would the firm need to sell to accomplish this?

How much would it have to sell? $($Enter your answer in dollars not in millions. Do not rounc intermediate calculations and round your final answer to $2$ decimal places.$)$

$\backslash$table$[[$Share price,$41\mathrm{.}00],[$Shares outstanding,$3,600,000$