DiPitro's Paint and Wallpaper, Inc., needs to raise $$1$ million to finance plant expansion. In discussions with its investment bank, DiPitro's learns that the bankers recommend a debt issue with gross proceeds of $$1,000$ per bond and they will charge an underwriter's spread of $6\mathrm{.}5$ percent of the gross proceeds. How many bonds will DiPitro's Paint and Wallpaper need to sell in order to receive the $$1$ million it needs?