The Huang Corporation needs to raise $85 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. The offer price is $16 per share and the company's underwriters charge a spread of 8 percent. If the SEC filing fee and associated administrative expenses of the offering are $900,000, how many shares need to be sold? (Enter your answer in dollars, not millions of dollars, i e. 1, 234, 567.)