You are invited to a lunch meeting by an Officer of your company. She advises you that the company is currently contemplating a $100 million expansion which will be financed either from the issue of additional common stocks or 10-year 8% semiannual $1,000 par fixed rate bonds. If your company wishes to finance the expansion using only common stocks, it will distribute dividends in the first year of $2.50, $2.75 in the second year, $2.90 in the third year, after which dividends will increase at a constant rate of 5% indefinitely. How many common shares should the company issue today to finance the expansion if the market has an 8% required rate of return? (round your answer to the whole share)