A company currently has 1,200,000 shares outstanding that each sell for $65. Assume there are no tax effects or market imperfections. If the company has a 4-for-5 reverse stock split, after the split what will be the number of shares outstanding?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50.