E Ltd. had allotted 10,000 shares to the application of 14,000 shares on a pro-rata basis. The amount payable on the application is 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 is?
1
60 shares; Rs. 120
2
340 shares; Rs. 160
3
300 shares; Rs. 240
4
588 shares; Rs. 336