Disturbed Corp. needs to raise $55.5 million to fund a new project. The company will sell shares at a price of $23.40 in a general cash offer and the company's underwriters will charge a spread of 6 percent. The direct flotation costs associated with the issue are $650,000 and the indirect costs are $415,000. How many shares need to be sold? Multiple Choice 2,263,748 shares 2,571,604 shares 2,471,699 shares 2,254,274 shares 2,371,795 shares