Roundtree Software is going public using an auction IPO. The firm has received the following bids:

Price ($)	Number of Shares
14.60	120,000
14.40	220,000
14.20	540,000
14.00	1,200,000
13.80	1,280,000
13.60	860,000
13.40	460,000

Roundtree had previously believed it would issue

2,100,000

shares; however, if Roundtree decides to issue an extra

522,000

shares (for a total of

2,622,000

shares), how much total money will it raise?

Question content area bottom

Part 1

Roundtree will raise a total amount of

$enter your response here

million.(Round to one decimal place.)