Problem 18-03 Calculating Costs of Issuing Stock (LG18-4) Huskers Tuxedos, Inc. needs to raise $260 million to finance its plan for nationwide expansion. In discussions with its investment bank, Huskers learns that the bankers recommend an offer price (or gross price) of $50 per share and they will charge an underwriters spread of $2.25 per share. Calculate the net proceeds per share to Huskers from the sale of stock. (Round your answer to 2 decimal places.) How many shares of stock will Huskers need to sell in order to receive the $260 million needed? (Round your final answer to the nearest whole number.)