A circle with radius of \greenD{2\,\text{cm}}2cmstart color #1fab54, 2, start text, c, m, end text, end color #1fab54 sits inside a \blueD{7\,\text{cm} \times 11\,\text{cm}}7cm×11cmstart color #11accd, 7, start text, c, m, end text, times, 11, start text, c, m, end text, end color #11accd rectangle. What is the area of the shaded region? Round your final answer to the nearest hundredth.