The bylaws of XYZ Corporation have adopted "Cumulative Voting" procedure to elect board of directors. XYZ has currently 264,000 shares outstanding with each share having one vote. There are 4 positions up for election for board of directors position. How many shares one must own to guarantee getting elected to the board of directors?

88,001 share

66,001 shares

52,000 shares

75,001 shares

52,801 shares