Bruce Wayne is going public with his new business. Berkman Investment Bank will be his banker and is doing a best efforts sale with a 3.6% commission fee. The SEC has authorized Wayne 5,050,000 shares for this issue. He plans to keep 1,200,000 shares for himself, hold back an additional 180,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 510,000 shares, and sell the remaining shares at $15.45 a share. Given the bids at the auction (shown on the table here:Bidder Quantity Bid Gotham Pension Fund 1,890,000 Clark Kent Investors 1,400,000 Central City Insurance 540,000 Arthur Curry 370,000 Barry Allen 280,000 Total 4,480,000

distribute the shares to all bidders using a pro-rata share procedure, and assume Berkman Investment Bank takes its green-shoe shares. What is the total cash flow to Wayne after the sale? To Berkman Investment Bank?