UR$-$Wealthy Co$.$ recently raised several million dollars in an initial public offering. The bid price was $$23\mathrm{.}00$ per share and the ask price was $$25\mathrm{.}00$ per share, and the market price rose to $$27\mathrm{.}00$ on the first day of trading. $1\mathrm{.}3$ million shares were sold in the offering, and the company paid other costs of $$675,000.$ The total $($direct and indirect$)$ flotation cost in this offering as a percentage of the gross proceeds was: