That book and a couple of others co-authored by Stephen P. Timoshenko are excellent references for structural engineers.
If you are using elastic design and stressing the plate to a maximum of 44,000 psi at ultimate, then the factored moment will be 234,600"#, corresponding to a factored point load of 26,070#. The allowable load will be the factored load divided by your load factor, which is code dependent.
If, as is probable, the load is applied at the top of the beam, the term 'a' is 4" because it is 4" above the centroid. If, on the other hand, the load is hanging from the bottom of the beam,'a' will be -4" and the critical load will be greater than I calculated (except for the fact that the stress exceeds the yield strength and Timoshenko's theory is valid only within elastic limits).
In lateral buckling problems, the point of application of load is an important variable.
Best regards,
BA