The Taussing Company, whose stock price is currently $25.90, plans to raise $15 million by issuing common stock. Underwriters have informed Taussig's management that it must price the new issue to the public at $25 per share to ensure that all shares will be sold. If the underwriters' compensation is 4 percent of the issue price, how many shares must Taussig sell net $15 million after underwriting expenses?