The New Fund had average daily assets of $2.3 billion in the past year. New Funds expense ratio was 1.2%, and its management fee was 0.9%.

Required: a. What were the total fees paid to the funds investment managers during the year? (Enter your answer in millions rounded to 2 decimal places.)

total fees paid:

b. What were the other administrative expenses? (Enter your answer in millions rounded to 2 decimal places.)

Other administrative expenses