1. Below is a simple capitalization table with three founders who each own various common...
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Accounting
1. Below is a simple capitalization table with three founders who each own various common stock shares. An additional 105,000 shares have been set aside in an option pool for future hires. The company also has two convertible notes with conversion caps (but no conversion discounts): The company now seeks to raise its Seed Round. The founders are seeking $750,000 of additional capital at a pre-money valuation of $6,000,000 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. ANY DOLLAR VALUES YOU USE IN YOUR CALCULATIONS SHOULD INCLUDE DOLLARS AND CENTS. FOR EXAMPLE, DO NOT ROUNDUP $5.78 TO $5.8 OR $6. (16 points)

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