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Ambrish Ltd offered 2,00,000 Equity Shares of ₹10 each, of these 1,98,000 shares were subscribed. The amount was payable as ₹3 on application, ₹4 an allotment and balance on first call. If a shareholder holding 3,000 shares has defaulted on first call, what is the amount of money received on first call?

(A) ₹9,000. (B) ₹5,85,000. (C) ₹5,91,000. (D) ₹6,09,000.

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Correct option is (B) ₹5,85,000.

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