Raeann spent 16 of her money on a coat and 3 skirts. The coat cost 3 times as much as each skirt. Raeann spent 12 of her remaining money on a bracelet. She spent $300 more on the bracelet than on the 3 skirts.
(a) What fraction of Raeann's money was spent on each skirt?
(b) How much money did Raeann have at first?