Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price (5) Number of Shares 14.00 140,000 13,80 220,000 13.60 560,000 13.40 1,150,000 13.20 1,280,000 13.00 820,000 12.80 440,000 Roundtroe had previously believed it would issue 2,100,000 shares; however, if Roundtrue decides to issue an extra 538,000 shares (for a total of 2,638,000 shares) Roundtree will raise a total amount of smilion (Round to one decimal place.)