Assume the Issuer Incurs $1 Million in Other Expenses to Sell

Assume the issuer incurs $1 million in other expenses to sell 3 million shares at $40 each to an underwriter and the underwriter sells the shares at $43 each.By the end of the first day's trading,the issuing company's stock price had risen to $70.What is the total cost (direct expenses plus underpricing cost) ?

A) $81 million
B) $91 million
C) $101 million
D) $111 million