Underwriting and Flotation Expenses The Beranek Company, whose stock price is now $20, needs to raise $30 million in common stock. Underwriters have informed the firm's management that they o must price the new issue to the public at $16 per share because of signaling effects. The underwriters' compensation will be 3% of the issue price, so Beranek will net $15.52 per share. The firm will also incur expenses in the amount of $170,000. How many shares must the firm sell to net $30 million after underwriting and rotation expenses? Do not round intermediate calculations, Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest whole number shares