Persian Rugs needs $$1,176$ million to support growth next year. If it issues new common stock to raise the funds, the flotation $($issuance$)$ costs will be $4$ percent. If Persian can issue stock at $$175$ per share, how many shares of common stock must be issued so it has $$1,176$ million after flotation costs to use for its planned growth? Round your answer to the nearest whole number.