Cee the Moon Is Offering 700 Shares in a Dutch

Cee The Moon is offering 700 shares in a Dutch auction IPO.The following bids have been received: How much will Cee The Moon receive from this offering if the underwriter's fee is 5.5 percent?

A) $9,905.75
B) $9,440.60
C) $10,184.25
D) $11,245.50
E) $12,095.30