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3 3 Barmegat Light sald 2 3 0 , 0 0 0 shores in an initialpublic offering. The undenwiters explicit fees were $ 7 6

33 Barmegat Light sald 230,000 shores in an initialpublic offering. The undenwiters explicit fees were $76,000. The offering price for the shares was $46, but immeditely yon iscue, the share price pumped to $58. What is the best estimate of the total cost to Bamegat Light of the equity issue?
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51534000
5606000
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