Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) 15.00 14.80 14.60 14.40 14.20 14.00 13.80 Number of Shares 140,000 260,000 560,000 1,150,000 1,240,000 820,000 460,000 Roundtree had previously believed it would issue 2,100,000 shares; however, if Roundtree decides to issue an extra 546,000 shares (for a total of 2,646,000 shares), how much total money will it raise? + Roundtree will raise a total amount of $ million. (Round to one decimal place.)

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Roundtree had previously believed it would issue 2,100,000 shares; however, if Roundtree decides to issue an extra 546,000 shares (for a total of 2,646,000 shares), how much total money will it raise? Roundtree will raise a total amount of $ million. (Round to one decimal place.)