1. (16 points). Below is a simple capitalization table with three founders who each own various common stock shares. An additional 150,000 shares have been set aside in an option pool for future hires, for a total of 2,000,000 shares. Shareholder Oprah Winfrey Sara Blakely Jeff Bezos Unissued Options Total Common Shares Options 900,000 700,000 250,000 150,000 1,850,000 150,000 Total 900,000 700,000 250,000 150,000 2,000,000 Fully Diluted 45.00% 35.00% 12.50% 7.50% 100.00% The company also has two convertible notes with conversion caps (but no conversion discounts): Convertible Debt Holder Shakira Angel Beyonce Angel Conversion Cap $ 1,000,000 $ 2,000,000 Outstanding Balance $ 300,000 $ 300,000 The company now seeks to raise its Seed Round. The founders are seeking $1,000,000 of additional capital at a pre-money valuation of $4,000,000 and Tom Hanks Capital agrees to those terms. They will also convert the debt from Shakira Angel and Beyonc Angel into the seed round as part of the transaction. Fill in the capitalization table below after the transaction has been completed. Put the correct value next to each Letter below the table. Shareholder Oprah Winfrey Sara Blakely Jeff Bezos Shakira Angel Beyonce Angel Tom Hanks Capital Unissued Options Total Common Shares Seed Preferred Shares Options Total Fully Diluted 900,000 900,000 j. 700,000 700,000 k. 250,000 250,000 1. a. m. b. n. C. 150,000 150,000 p. 150,000 i. 100.00% 0