On August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $84 per share. The closing price of the stock that same day was $105.00. What was the dollar value of the underpricing associated with the Google IPO? (Round answer to 0 decimal places, e.g. 5,275.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values youve been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.)

Total underpricing was $ enter the total underpricing in millions of dollars rounded to 0 decimal places million.