A firm has a market value equal to its book value. Currently, the firm has excess cash of $2,600 and other assets of $5,900. Equity is worth $8,500. The firm has 850 shares of stock outstanding and net income of $1,600. The firm has decided to spend all of its excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed?

600 shares

860 shares

610 shares

340 shares

590 shares