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If H1B is extended, will USCIS send a new I-94 for dependents (H4 holders) also? Do you have to specifically apply for H4 extension or (new I-94)? Who applies for this...is it the Employer or the application? What is the pocedure and how much does it cost?

I hold a valid H1B visa and residing in United States now. My visa will expire in October 2007 and I will be moving back to India by August 2007, because of my personal reasons. However, my employer wants to renew my H1B visa for next 3 years and is applying for extension now (April 2007)...