Suppose a startup decides to raise $$1,750,000$ in exchange for $30\%$ ownership in the

form of Participating Preferred Securities $($with a $1$ Liquidation Preference and a $5\%$

Cumulative Dividend$).$ Currently, the startup has $140,000,000$ shares in total

outstanding. What is the number of shares issued upon raising $$1,750,000$ and

creating a new equity pool?