Problem 18-02 Underwriting and Flotation Expenses The Beranek Company, whose stock price is now $30, needs to raise $14 million in common stock. Underwriters have informed the firm's management that they must price the new issue to the public at $27 per share because of signaling effects. The underwriters' compensation will be 5% of the issue price, so Beranek will net $25.65 per share. The firm will also incur expenses in the amount of $130,000. How many shares must the firm sell to net $14 million after underwriting and flotation expenses? Round your answer to the nearest whole number. shares