The St. Anger Corporation will sell new shares of equity via a general cash offering to raise $52,000,000 to finance its expansion. The offer price is $45per share and the company's underwriters charge a spread of7percent. If the SEC filing fee and associated administrative expenses of the offering are $650,000, how many shares need to be sold?(Do not round intermediate calculations and round your final answer to the nearest whole number.Enter your answer as a whole number (e.g., 1,234,567).)

Number of shares offeredshares = ?