RunFast Inc The Company Will Offer Shares in the IPO at EUR

RunFast Inc.wants to go public.It decides to do so via a Dutch auction underwriting.It receives the following bids: $$\begin{array} { l l l } \hline \text { Bidder } & \text { Quantity } & \text { Price (EUR) } \\\hline \text { A } & 100 \text { shares } & 10 \\\text { B } & 100 \text { shares } & 20 \\\text { C } & 300 \text { shares } & 12 \\\text { D } & 150 \text { shares } & 14 \\\text { E } & 200 \text { shares } & 16 \\\text { F } & 100 \text { shares } & 8 \\\text { G } & 50 \text { shares } & 6 \\\text { H } & 200 \text { shares } & 10 \\\text { I } & 300 \text { shares } & 15 \\\text { J } & 100 \text { shares } & 12 \\\hline\end{array}$$ The company will offer shares in the IPO at EUR 15 per share.At that price, there is no need to allocate a ratio of shares.There is a 15 per cent Green Shoe provision.The underwriters expect that the share will trade at EUR 20 within 30 days after the IPO.They receive a fee of EUR 1,000 for the IPO.How much do they expect to make in total from the IPO?