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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Roundtree had previously believed it would issue 2,000,000 shares;

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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Roundtree had previously believed it would issue 2,000,000 shares; however, if Roundtree decides to issue an extra 510,000 shares (for a total of 2,510,000 shares), how much Roundtree will raise a total amount of $ million. (Round to one decimal place.)

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