If 5% debenture of ₹ 8,00,000 of ₹ 100 were issued at 15% premium. Amount is payable as ₹ 25 on applications, ₹ 50 on allotment and ₹ 40 on 1st and final call. How much amount should be credited to “Security Premium Reserve A/c”
1
₹ 1,20,000
2
₹ 8,00,000
3
₹ 9,20,000
4
₹ 1,00,000