High Mountain Mining Wants to Expand Its Current Operations and Requires

High Mountain Mining wants to expand its current operations and requires $3.5 million in additional funding to do so.After discussing this with key shareholders,the firm has decided to raise the necessary funds through a rights offering at a subscription price of $18 a share.The current market price of the firm's stock is $22 a share.How many shares of stock will the firm need to sell through the rights offering to fund the expansion plans?

A) 140,015 shares
B) 159,091 shares
C) 166,667 shares
D) 194,444 shares
E) 205,688 shares