X Ltd invited applications for issuing 75,000 equity shares of ₹10 each at premium of ₹2 per share payable with application. Applications for 1,40,000 shares were received. An applicant who had applied for 8000 shares paid his entire share money at the time of application. What was the amount of application money received by the company considering that the amount payable on application including premium was ₹5 per share?