Salty Boats (SB) must raise $100 million for its future expansion. To do so, SB expects to issue new common stock. Investment bankers have informed the company the issuing costs will be 6.8 percent of the total amount issued and that the company will incur another $190,000 in costs associated with the issue. SB can issue its stock for $50 per share. Determine how many shares SB must sell to net $100 million after floatation costs.