View Policies Current Attempt in Progress Deere and Bros. is a broker that brings new issues of small firms to the public market. Its most recent deal for Pharoah, Inc., had the following characteristics: Number of shares: 1,150,000 Proceeds to Pharoah: $13,700,000 Price to public: $16 per share The legal fees were $153,000, printing costs were $57,000, and all the other expenses were $71,000. What is the profit or loss for Deere and Bros.? Profit/(Loss) $