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Johnston Tree Farm is selling 1,500 shares of stock through their broker using a Dutch auction. The bids received are: Bidder Quantity Pricel A 100

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Johnston Tree Farm is selling 1,500 shares of stock through their broker using a Dutch auction. The bids received are: Bidder Quantity Pricel A 100 $41 B 800 $40 IC 1.000 $40 D 1.5001 $39 E 1,500 $381 How much cash will the brokerage firm receive from selling these shares of stock? $60.600 $58,700 $59.800 $60.100 $60.000

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