Young Corporation stock currently sells for $50 per share. There are 1 million shares currently outstanding. The company announces plans to raise $5 million by offering shares to the public at a price of $50 per share. If the underwriting spread is 4%, how many shares will the company need to issue in order to be left with net proceeds (before other administrative costs) of $5 million? Note: Do not round intermediate calculations. Round your answer to the nearest whole number. If the under writing spread is 4% and the other administrative costs are $85,000, what is the dollar value of the total direct costs of the issue? Note: Enter your answer in dollars