The Hagelin Corporation needs to raise $82 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $60 per share and the company’s underwriters charge a spread of 6 percent, how many shares need to be sold? (Do not round intermediate calculations and round your answer to the nearest whole number. Enter your answer in shares, not millions, e.g., 1,234,567.) Number of shares offered.