Wallace Publishing recently completed its IPO. The stock was offered at a price of $14.13 per share. On the first day of trading, the stock closed at $19.28 per share. If Wallace Publishing paid an underwriting spread of 7.9% for its IPO and sold 12 million shares, what was the total cost (exclusive of underpricing) to it of going public? The total cost of going public was s million (Round to one decimal place.)