i just want to know all the step calculation , answer already provide . thank you

b) Sheilla Corporation plans to raise its capital by RM20 million through right issue. The company's common stocks are selling at RM3.70 per share and the management has agreed to set the subscription price at RM2.50 per share. The total equity account of the company before the right issue is as follows: Common shares (RM1) Premium Retained earnings Total Net Worth RM 40,000,000 20,000,000 30,000,000 90,000,000 Determine the following: i) Compute the number of new shares to be issued if all the rights were exercised (2 marks) Answer: 8 million shares 1) Identify the number of which required to buy one (1) new share (2 marks) Answer: 5 rights iii) Calculate the value of rights, right-on (2 marks) Answer: RM0.20 161 STOCK DIVIDENDS, STOCK SPLITS AND STOCK RIGHTS CHAPTER 7 52 iv) Compute the ex-rights price (2 marks) Answer: RM3.50 v) Calculate the value of rights, ex-rights (2 marks) Answer: RM0.20