The New Fund had average daily assets of $3.1 billion in the past year. New Fund's expense ratio was 2.0% and the management fee was 1.5%. a. What were the total fees paid to the fund's 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