The Meadows Corporation needs to raise $$66\mathrm{.}7$ million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. The offer price is $$67$ per share and the company's underwriters charge a spfead of $8\mathrm{.}5$ percent. The SEC filing fee and associated administrative expenses of the offering are $$467,000.$

What are the required proceeds from the sale necessary for the company to pay the underwriter's spread and administrative costs?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.$

Required proceeds

How many shares need to be sold?

Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,1,234,567.$

Number of shares offered