E Ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was Rs. 2. F applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from F will be:
1
60 shares; Rs. 120
2
340 shares; Rs. 160
3
320 shares, Rs. 200
4
300 shares; Rs. 240
5
310 shares; Rs. 250