Gravity, Incorporated, needs to raise $$57$ million to fund its expansion plans. The company will sell shares at a price of $$29\mathrm{.}80$ in a general cash offer and the company's underwriters will charge a spread of $7\mathrm{.}5$ percent. How many shares need to be sold?

Multiple Choice

$1,912,752$ shares

$2,297,600$ shares

$1,525,118$ shares