Gravity, Incorporated, needs to raise $$54$ million to fund its expansion plans. The company will sell shares at a price of $$29\mathrm{.}20$ in a general cash offer and the company's underwriters will charge a spread of $6\mathrm{.}5$ percent. How many shares need to be sold?

Multiple Choice

$2,197,641$ shares

$1,849,315$ shares

$1,736,446$ shares

$1,977,877$ shares

$1,488,382$ shares