B&N Goods would like to sell an additional 1,200 shares of stock. Management has decided to use a Dutch auction. The bids received are as follows:

Bidder	Quantity	Price
A	100	$22
B	200	$21
C	500	$20
D	700	$19

Bidder C will receive _____ shares at a price of _____ each.

Select one:

a. 250; $20

b. 400; $19

c. 375; $20

d. 500; $19

e. 500; $20