Margoles Publishing recently completed its IPO. The stock was offered at a price of exist13.96 per share. On the first day of trading, the stock closed at exist18.38 per share If Margoles Publishing paid an underwriting spread of 6.5% for its IPO and sold 14 million shares, what was the total cost (exclusive of underpricing) to it of going public? The total cost of going public was exist million. (Round to one decimal place.)