The New Fund had average daily assets of $2.5 billion in the past year. New Funds expense ratio was 1.4% and the management fee was 0.8%. 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 $ million b. What were the other administrative expenses? (Enter your answer in millions rounded to 2 decimal places.) Other administrative expenses $ million