In the context of this series of interconnected finance-related queries and the additional information provided by the pretext, table data, and posttext from a company's financial filings, please provide a response to the final question. This may require extracting information from the context and performing mathematical calculations. Please take into account the information provided in the preceding questions and their answers when formulating your response:
Context: stock options 2005 stock and incentive plan in june 2005 , the stockholders of the company approved the 2005 stock and incentive plan ( the 2005 stock plan ) . upon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased . additionally , in connection with the acquisition of solexa , the company assumed stock options granted under the 2005 solexa equity incentive plan ( the 2005 solexa equity plan ) . as of december 30 , 2007 , an aggregate of up to 13485619 shares of the company 2019s common stock were reserved for issuance under the 2005 stock plan and the 2005 solexa equity plan . the 2005 stock plan provides for an automatic annual increase in the shares reserved for issuance by the lesser of 5% ( 5 % ) of outstanding shares of the company 2019s common stock on the last day of the immediately preceding fiscal year , 1200000 shares or such lesser amount as determined by the company 2019s board of directors . as of december 30 , 2007 , options to purchase 1834384 shares remained available for future grant under the 2005 stock plan and 2005 solexa equity plan . the company 2019s stock option activity under all stock option plans from january 2 , 2005 through december 30 , 2007 is as follows : options weighted- average exercise price . <table class='wikitable'><tr><td>1</td><td></td><td>options</td><td>weighted- average exercise price</td></tr><tr><td>2</td><td>outstanding at january 2 2005</td><td>6205020</td><td>$ 6.99</td></tr><tr><td>3</td><td>granted</td><td>2992300</td><td>$ 10.02</td></tr><tr><td>4</td><td>exercised</td><td>-869925 ( 869925 )</td><td>$ 4.66</td></tr><tr><td>5</td><td>cancelled</td><td>-1001964 ( 1001964 )</td><td>$ 11.00</td></tr><tr><td>6</td><td>outstanding at january 1 2006</td><td>7325431</td><td>$ 7.96</td></tr><tr><td>7</td><td>granted</td><td>2621050</td><td>$ 27.24</td></tr><tr><td>8</td><td>exercised</td><td>-1273119 ( 1273119 )</td><td>$ 7.28</td></tr><tr><td>9</td><td>cancelled</td><td>-314242 ( 314242 )</td><td>$ 12.44</td></tr><tr><td>10</td><td>outstanding at december 31 2006</td><td>8359120</td><td>$ 13.94</td></tr><tr><td>11</td><td>options assumed through business combination</td><td>1424332</td><td>$ 21.37</td></tr><tr><td>12</td><td>granted</td><td>3784508</td><td>$ 40.64</td></tr><tr><td>13</td><td>exercised</td><td>-2179286 ( 2179286 )</td><td>$ 12.06</td></tr><tr><td>14</td><td>cancelled</td><td>-964740 ( 964740 )</td><td>$ 22.38</td></tr><tr><td>15</td><td>outstanding at december 30 2007</td><td>10423934</td><td>$ 24.26</td></tr></table> illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
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Question: what was the total value of granted options in 2006 using the number of options and the weighted-average exercise price?
Answer: