Sofie owns a private company, Sunflower Corporation. She decides to sell her company to public (Initial Public Offering : IPO). On the first day of trading, Sunflower sold 250,000 shares. The underwriter's explicit fees were $95,000. The offering price for the shares was $30, but immediately upon issue, the share price jumped to $34.

How much is the amount of money 'left on the table' (underpricing cost) of this IPO? (Unit: $)

		$8,500,000
		$7,500,000
		$1,000,000
		$1,095,000