Issuing securities. 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 3.8% commission fee. The SEC has authorized Wayne 5,160,000 shares for this issue. He plans to keep 1,040,000 shares for himself, hold back an additional 250,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 490,000 shares, and sell the remaining shares at $16.66 a share. Given the bids at the auction (shown on the table here: PR), 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? i Data Table Click on the following Icon in order to paste this table's content into a spreadsheet Bidder Quantity Bid Gotham Pension Fund 1,910,000 Clark Kent Investors 1,370,000 Central City Insurance 660,000 Arthur Curry 440,000 Barry Allen 300,000 Total 4,680,000 Print Done