$4.$ Asia$-$based Ashraf Inc., a high$-$tech company, raised $$92$ million in its initial public offering $($IPO$).$ Of the $$35$ offering price per share, the corporation got $$29.$ $$400,000$ was spent on the firm's legal fees, SEC registration fees, and other out$-$of$-$pocket expenses. The first trading day saw a $17\%$ spike in the company's stock price. How much did the company have to pay in total to issue the securities$?(3$ Marks$)$ everyone keep changing the answer i need you to explain the formula and the correct way to do it