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The table below shows the limit order book for Foghorn Enterprises. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $ 92.05 100 $

The table below shows the limit order book for Foghorn Enterprises.

Limit Buy Orders Limit Sell Orders
Price Shares Price Shares
$ 92.05 100 $ 92.17 800
92.04 300 92.16 500
92.03 450 92.15 300
92.02 900 92.14 600
92.01 1,600 92.13 300
92.12 400
92.11 275

Required:

a. If you place a market order to buy 1,100 shares, in what sequence will you pay for the shares? (Round the price to 2 decimal places and Round number of shares to the nearest whole number.)

b. What is the total cost of the purchase? (Round your answer to the nearest whole dollar.)

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