$[3-23]$ Lucky Casinos $($LC$)$ must raise $$150$ million to pay bills. If it issues new common stock to raise the funds, LC must pay its investment banker $8$ percent of the total amount issued. The new issue will also require LC to pay $$190,000$ in fees to its lawyers, its printer, and others associated with the issue. LC can issue stock at $$250$ per share. How many shares of common stock must be issued so that it has $$150$ million$$after$$flotation costs? Show how much of the total dollar amount will be flotation costs and how much LC will receive after the flotation costs are paid. $($LO $3-3)$