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Pork King Farms would like to sell 2,600 shares of stock using a Dutch auction. The bids received are as follows: Bidder Quantity 400 B

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Pork King Farms would like to sell 2,600 shares of stock using a Dutch auction. The bids received are as follows: Bidder Quantity 400 B 800 1200 D 1800 Price 36 35 34 33 What is the total amount the issuer will receive from this auction? Ignore costs. Multiple Choice $59,400 O $85,800 $88.400

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