Brooks Corporation Brooks Corporation Has Just Received $40 Million in Net Proceeds

Brooks Corporation
Brooks Corporation has just received $40 million in net proceeds from a seasoned offering. The offering was underwritten by ABC Investments, an investment bank that focuses on small company offerings. For the offering, 8 million shares of stock were issued and the underwriting expenses for ABC Investments were $800,000.
-Refer to Brooks Corporation.ABC Investments is able to sell the stock on the secondary market at $6.00.What is the profit for ABC Investments for underwriting this seasoned offering?

A) $7.2 million
B) $7.6 million
C) $8.0 million
D) $8.8 million