Bejeweled, a chain of crafting shops, is selling 200,000 shares of stock in an auction IPO. At the end of the bidding period they have received the bids shown below. Which of the following is closest to the price at which the shares will be offered? Price (S) 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75 Number of Shares Bid 100,000 100,000 150.000 100,000 40,000 50,000 150,000 65,000 $3.50 G $3.25 $4.25 $4.50