A company wants to raise $20 million in equity at an expected offering price of $30 per share.Its investment banker will receive $2.50 for each share sold and incur expenses of $2.5 million.The company will incur expenses of $1 million.How many shares must be sold for the company to receive $20 million. Round to the nearest whole number.

666,667

727,273

763,636

854,545

None of the above