Northern Air would like to sell 3,100 shares of stock using Dutch auction underwriting. The bids received are: Bidder Quantity Price A 500 $ 29.05 B 600 28.70 C 1,000 28.55 D 1,200 28.20 E 1,400 28.00 How much will the company raise in its offer? Ignore all flotation and transaction costs.