the beranek company, whose stock price is now $35, needs to raise $14 million in common stock. underwriters have informed the firm's management that they must price the new issue to the public at $31 per share because of signaling effects. the underwriters' compensation will be 7% of the issue price, so beranek will net $28.83 per share. the firm will also incur expenses in the amount of $200,000. how many shares must the firm sell to net $14 million after underwriting and flotation 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.