Luther Industries is in the process of selling shares of stock in an auction IPO. At the end of the bidding period, Luther's investment bank has received the following bids:

Price ($)	Number of Shares Bid
$18.00	300,000
$19.10	300,000
$18.25	200,000
$18.50	200,000
$16.90	200,000
$19.50	200,000
$16.25	150,000
$18.75	150,000
$16.75	150,000
$16.50	150,000
$17.25	100,000
$17.50	100,000
$17.00	100,000
$17.75	100,000
$19.25	100,000
$19.00	100,000

What will the offer price of these shares be if Luther is selling 800,000 million shares?

A) $18.50

B) $18.00

C) $18.75

D) $19.00

E) $18.25