Accounting- An investment bank pays $ 23.00 for 4 million shares of JC Co

Accounting- An investment bank pays $ 23.00 for 4 million shares of JC Co

– An investment bank pays $ 23.00 for 4 million shares of JC Co
Subject: Business / Accounting
Question
A. An investment bank pays $ 23.00 for 4 million shares of JC Co., and then resells them for $ 25 per share. How much money does JC receive? What is the profit to the investment bank?

B. An investment bank pays $ 20.50 per share for 3 million shares of X. It then sells these shares to the public for $ 22.50 per share. How much money does X receive? What is the profit to the investment bank? What is the stock price of X?