B. Merdeka REIT is one of Malaysia's largest real estate investment trust. The Merdeka REIT is an Islamic Real Estate Investment Trust established to own and invest primarily in Shariah compliant real estate for office and retail purposes. The objectives of Merdeka REIT are to provide the unit holders with regular and stable distributions which is supported by Merdeka REIT's strategy of improving returns from its property portfolio and capital growth, while maintaining an appropriate capital structure. The investment strategies of Merdeka REIT usually focused on active asset management and acquisition growth strategy to provide regular and stable distributions to unit holders and ensure capital growth and improved returns from its property portfolio. Recently, the company has been receiving approval from the Board of Directors to restructuring it existing share, including a 15 to 1 reverse stock split. The exercise of this proposal as it looks to reform its capital structure, meet liquidity needs, regain compliance with the Bursa Malaysia and position itself for better long-term growth. The corporate exercise will result in an adjustment to its market price. The company expects to complete the reverse share split by the first quarter this year. The current share capital is 600 million shares, a price-earnings ratio (P/E) of 8, and RM 300 million net income available to common stockholders. i. If Jason as a retail investor had 12,000 shares before the reverse stock split, calculate his total value of investment in Merdeka REIT Berhad before the split. (3 marks) ii. Calculate how many shares of stock Jason will have after the split. (2 marks)