DT Metals Is Offering 700 Shares in a Dutch Auction

Multiple Choice

DT Metals is offering 700 shares in a Dutch auction IPO. The following bids have been received:
$$\begin{array} { c c c } \text { Bidder } & \text { Ouantity } & \text { Price } \\\text { A } & 100 & \$ 24 \\\text { B } & 200 & 22 \\\text { C } & 200 & 22 \\\text { D } & 300 & 21 \\\text { E } & 600 & 20\end{array}$$
What will the gross proceeds be for this offering?

A) $12,000
B) $12,600
C) $13,200
D) $13,300
E) $14,700