Buggy python submission (verdict: Time Limit Exceeded):
# -*- coding: utf-8 -*-

#############
# Libraries #
#############

import sys
input = sys.stdin.readline

import math
from collections import deque
from fractions import gcd
from functools import lru_cache


#############
# Constants #
#############

MOD = 10**9+7
INF = float('inf')

#############
# Functions #
#############

######INPUT######
def inputI(): return int(input().strip())
def inputS(): return input().strip()
def inputIL(): return list(map(int,input().split()))
def inputSL(): return list(map(str,input().split()))
def inputILs(n): return list(int(input()) for _ in range(n))
def inputSLs(n): return list(input().strip() for _ in range(n))
def inputILL(n): return [list(map(int, input().split())) for _ in range(n)]
def inputSLL(n): return [list(map(str, input().split())) for _ in range(n)]

#####Inverse#####
def inv(n): return pow(n, MOD-2, MOD)

######Combination######
kaijo_memo = []
def kaijo(n):
  if(len(kaijo_memo) > n):
    return kaijo_memo[n]
  if(len(kaijo_memo) == 0):
    kaijo_memo.append(1)
  while(len(kaijo_memo) <= n):
    kaijo_memo.append(kaijo_memo[-1] * len(kaijo_memo) % MOD)
  return kaijo_memo[n]

gyaku_kaijo_memo = []
def gyaku_kaijo(n):
  if(len(gyaku_kaijo_memo) > n):
    return gyaku_kaijo_memo[n]
  if(len(gyaku_kaijo_memo) == 0):
    gyaku_kaijo_memo.append(1)
  while(len(gyaku_kaijo_memo) <= n):
    gyaku_kaijo_memo.append(gyaku_kaijo_memo[-1] * pow(len(gyaku_kaijo_memo),MOD-2,MOD) % MOD)
  return gyaku_kaijo_memo[n]

def nCr(n,r):
  if(n == r):
    return 1
  if(n < r or r < 0):
    return 0
  ret = 1
  ret = ret * kaijo(n) % MOD
  ret = ret * gyaku_kaijo(r) % MOD
  ret = ret * gyaku_kaijo(n-r) % MOD
  return ret

######Factorization######
def factorization(n):
    arr = []
    temp = n
    for i in range(2, int(-(-n**0.5//1))+1):
        if temp%i==0:
            cnt=0
            while temp%i==0:
                cnt+=1
                temp //= i
            arr.append([i, cnt])
    if temp!=1:
        arr.append([temp, 1])

    if arr==[]:
        arr.append([n, 1])
    return arr

#####LCM#####
def lcm(a, b):
    return a * b // gcd (a, b)

#############
# Main Code #
#############

N,M = inputIL()
A = inputIL()

a = [[] for i in range(31)]

for x in A:
  n = math.floor(math.log(x)/math.log(2))
  a[n].append(x)

shorichu = []
for i in range(31)[::-1]:
  if M>=len(a[i]):
    if i>0:
      M -= len(a[i])
      disc = [x//2 for x in a[i]]
      a[i] = []
      a[i-1] += disc
      a[i-1].sort()
    else:
      print(0)
      exit()
  else:
    if i>0:
      for j in range(len(a[i])-M,len(a[i]))[::-1]:
        a[i-1].append(a[i][-1]//2)
        a[i] = a[i][:-1]
      break
    else:
      print(len(a[0])-M)
      exit()

print(sum(sum(item) for item in a))

Fixed submission:
# -*- coding: utf-8 -*-

#############
# Libraries #
#############

import sys
input = sys.stdin.readline

import math
from collections import deque
from fractions import gcd
from functools import lru_cache


#############
# Constants #
#############

MOD = 10**9+7
INF = float('inf')

#############
# Functions #
#############

######INPUT######
def inputI(): return int(input().strip())
def inputS(): return input().strip()
def inputIL(): return list(map(int,input().split()))
def inputSL(): return list(map(str,input().split()))
def inputILs(n): return list(int(input()) for _ in range(n))
def inputSLs(n): return list(input().strip() for _ in range(n))
def inputILL(n): return [list(map(int, input().split())) for _ in range(n)]
def inputSLL(n): return [list(map(str, input().split())) for _ in range(n)]

#####Inverse#####
def inv(n): return pow(n, MOD-2, MOD)

######Combination######
kaijo_memo = []
def kaijo(n):
  if(len(kaijo_memo) > n):
    return kaijo_memo[n]
  if(len(kaijo_memo) == 0):
    kaijo_memo.append(1)
  while(len(kaijo_memo) <= n):
    kaijo_memo.append(kaijo_memo[-1] * len(kaijo_memo) % MOD)
  return kaijo_memo[n]

gyaku_kaijo_memo = []
def gyaku_kaijo(n):
  if(len(gyaku_kaijo_memo) > n):
    return gyaku_kaijo_memo[n]
  if(len(gyaku_kaijo_memo) == 0):
    gyaku_kaijo_memo.append(1)
  while(len(gyaku_kaijo_memo) <= n):
    gyaku_kaijo_memo.append(gyaku_kaijo_memo[-1] * pow(len(gyaku_kaijo_memo),MOD-2,MOD) % MOD)
  return gyaku_kaijo_memo[n]

def nCr(n,r):
  if(n == r):
    return 1
  if(n < r or r < 0):
    return 0
  ret = 1
  ret = ret * kaijo(n) % MOD
  ret = ret * gyaku_kaijo(r) % MOD
  ret = ret * gyaku_kaijo(n-r) % MOD
  return ret

######Factorization######
def factorization(n):
    arr = []
    temp = n
    for i in range(2, int(-(-n**0.5//1))+1):
        if temp%i==0:
            cnt=0
            while temp%i==0:
                cnt+=1
                temp //= i
            arr.append([i, cnt])
    if temp!=1:
        arr.append([temp, 1])

    if arr==[]:
        arr.append([n, 1])
    return arr

#####LCM#####
def lcm(a, b):
    return a * b // gcd (a, b)

#############
# Main Code #
#############

N,M = inputIL()
A = inputIL()

a = [[] for i in range(31)]

for x in A:
  n = math.floor(math.log(x)/math.log(2))
  a[n].append(x)

for i in range(31)[::-1]:
  if M>=len(a[i]):
    if i>0:
      M -= len(a[i])
      disc = [x//2 for x in a[i]]
      a[i] = []
      a[i-1] += disc
      a[i-1].sort()
    else:
      print(0)
      exit()
  else:
    if i>0:
      disc = [x//2 for x in a[i][len(a[i])-M:len(a[i])]] 
      a[i-1] += disc
      a[i] = a[i][:len(a[i])-M]
      break
    else:
      print(len(a[0])-M)
      exit()

print(sum(sum(item) for item in a))

Buggy python submission (verdict: Time Limit Exceeded):
# -*- coding: utf-8 -*-

#############
# Libraries #
#############

import sys
input = sys.stdin.readline

import math
from collections import deque
from fractions import gcd
from functools import lru_cache


#############
# Constants #
#############

MOD = 10**9+7
INF = float('inf')

#############
# Functions #
#############

######INPUT######
def inputI(): return int(input().strip())
def inputS(): return input().strip()
def inputIL(): return list(map(int,input().split()))
def inputSL(): return list(map(str,input().split()))
def inputILs(n): return list(int(input()) for _ in range(n))
def inputSLs(n): return list(input().strip() for _ in range(n))
def inputILL(n): return [list(map(int, input().split())) for _ in range(n)]
def inputSLL(n): return [list(map(str, input().split())) for _ in range(n)]

#####Inverse#####
def inv(n): return pow(n, MOD-2, MOD)

######Combination######
kaijo_memo = []
def kaijo(n):
  if(len(kaijo_memo) > n):
    return kaijo_memo[n]
  if(len(kaijo_memo) == 0):
    kaijo_memo.append(1)
  while(len(kaijo_memo) <= n):
    kaijo_memo.append(kaijo_memo[-1] * len(kaijo_memo) % MOD)
  return kaijo_memo[n]

gyaku_kaijo_memo = []
def gyaku_kaijo(n):
  if(len(gyaku_kaijo_memo) > n):
    return gyaku_kaijo_memo[n]
  if(len(gyaku_kaijo_memo) == 0):
    gyaku_kaijo_memo.append(1)
  while(len(gyaku_kaijo_memo) <= n):
    gyaku_kaijo_memo.append(gyaku_kaijo_memo[-1] * pow(len(gyaku_kaijo_memo),MOD-2,MOD) % MOD)
  return gyaku_kaijo_memo[n]

def nCr(n,r):
  if(n == r):
    return 1
  if(n < r or r < 0):
    return 0
  ret = 1
  ret = ret * kaijo(n) % MOD
  ret = ret * gyaku_kaijo(r) % MOD
  ret = ret * gyaku_kaijo(n-r) % MOD
  return ret

######Factorization######
def factorization(n):
    arr = []
    temp = n
    for i in range(2, int(-(-n**0.5//1))+1):
        if temp%i==0:
            cnt=0
            while temp%i==0:
                cnt+=1
                temp //= i
            arr.append([i, cnt])
    if temp!=1:
        arr.append([temp, 1])

    if arr==[]:
        arr.append([n, 1])
    return arr

#####LCM#####
def lcm(a, b):
    return a * b // gcd (a, b)

#############
# Main Code #
#############

N,M = inputIL()
A = inputIL()

A.sort()

import bisect


while M:
  M -= 1
  x = A[-1]
  A = A[:-1]
  bisect.insort(A, x//2)
  
print(sum(A))

Fixed submission:
# -*- coding: utf-8 -*-

#############
# Libraries #
#############

import sys
input = sys.stdin.readline

import math
from collections import deque
from fractions import gcd
from functools import lru_cache


#############
# Constants #
#############

MOD = 10**9+7
INF = float('inf')

#############
# Functions #
#############

######INPUT######
def inputI(): return int(input().strip())
def inputS(): return input().strip()
def inputIL(): return list(map(int,input().split()))
def inputSL(): return list(map(str,input().split()))
def inputILs(n): return list(int(input()) for _ in range(n))
def inputSLs(n): return list(input().strip() for _ in range(n))
def inputILL(n): return [list(map(int, input().split())) for _ in range(n)]
def inputSLL(n): return [list(map(str, input().split())) for _ in range(n)]

#####Inverse#####
def inv(n): return pow(n, MOD-2, MOD)

######Combination######
kaijo_memo = []
def kaijo(n):
  if(len(kaijo_memo) > n):
    return kaijo_memo[n]
  if(len(kaijo_memo) == 0):
    kaijo_memo.append(1)
  while(len(kaijo_memo) <= n):
    kaijo_memo.append(kaijo_memo[-1] * len(kaijo_memo) % MOD)
  return kaijo_memo[n]

gyaku_kaijo_memo = []
def gyaku_kaijo(n):
  if(len(gyaku_kaijo_memo) > n):
    return gyaku_kaijo_memo[n]
  if(len(gyaku_kaijo_memo) == 0):
    gyaku_kaijo_memo.append(1)
  while(len(gyaku_kaijo_memo) <= n):
    gyaku_kaijo_memo.append(gyaku_kaijo_memo[-1] * pow(len(gyaku_kaijo_memo),MOD-2,MOD) % MOD)
  return gyaku_kaijo_memo[n]

def nCr(n,r):
  if(n == r):
    return 1
  if(n < r or r < 0):
    return 0
  ret = 1
  ret = ret * kaijo(n) % MOD
  ret = ret * gyaku_kaijo(r) % MOD
  ret = ret * gyaku_kaijo(n-r) % MOD
  return ret

######Factorization######
def factorization(n):
    arr = []
    temp = n
    for i in range(2, int(-(-n**0.5//1))+1):
        if temp%i==0:
            cnt=0
            while temp%i==0:
                cnt+=1
                temp //= i
            arr.append([i, cnt])
    if temp!=1:
        arr.append([temp, 1])

    if arr==[]:
        arr.append([n, 1])
    return arr

#####LCM#####
def lcm(a, b):
    return a * b // gcd (a, b)

#############
# Main Code #
#############

N,M = inputIL()
A = inputIL()

a = [[] for i in range(31)]

for x in A:
  n = math.floor(math.log(x)/math.log(2))
  a[n].append(x)

for i in range(31)[::-1]:
  if M>=len(a[i]):
    if i>0:
      M -= len(a[i])
      disc = [x//2 for x in a[i]]
      a[i] = []
      a[i-1] += disc
      a[i-1].sort()
    else:
      print(0)
      exit()
  else:
    if i>0:
      disc = [x//2 for x in a[i][len(a[i])-M:len(a[i])]] 
      a[i-1] += disc
      a[i] = a[i][:len(a[i])-M]
      break
    else:
      print(len(a[0])-M)
      exit()

print(sum(sum(item) for item in a))