The spelling of the word "Sharanee" can be explained using the International Phonetic Alphabet (IPA) phonetic transcription. The first two letters "sh" represent the voiceless postalveolar fricative sound /ʃ/. The following "a" is pronounced as the vowel sound /ə/. The next three letters "ran" are pronounced as /ræn/, with the vowel sound represented as the short "a" /æ/. The final two letters "ee" are pronounced as the long "e" sound /i/. Thus, the correct spelling of the word is "Sharanee" with the phonetic transcription: /ʃəræni/.