Please show work/formula

15. ) Moonlight is offering 1,100 shares in a Dutch auction IPO. The following bids have been received: How much will Moonlight receive from this offering if the underwriter's fee is 6.5 percent? A) $12,905.75 B) $13,440.60 C) $15,184.25 D) $17,484.50 E) $19,095.30 15. ) Moonlight is offering 1,100 shares in a Dutch auction IPO. The following bids have been received: How much will Moonlight receive from this offering if the underwriter's fee is 6.5 percent? A) $12,905.75 B) $13,440.60 C) $15,184.25 D) $17,484.50 E) $19,095.30