Problem 18-02 Underwriting and Flotation Expenses The Beranek Company, whose stock price is now $25, needs to raise $16 million in common stock. Underwriters have informed the firm's management that they must price the new issue to the public at $22 per share because of signaling effects. The underwriters' compensation will be 4% of the issue price, so Beranek will net $21.12 per share. The firm will also incur expenses in the amount of $175,000. How many shares must the firm sell to net $16 million after underwriting and flotation expenses? Round your answer to the nearest whole number. _______Shares