Pioneer Ltd. forfeited 400 equity shares of Rs. 10 each on which Rs. 6 per share had been paid. Out of these forfeited shares, 300 shares were reissued as fully paid up for Rs. 8 per share. What amount will be transferred to Capital Reserve after the reissue?
1
Rs. 1,800
2
Rs. 1,200
3
Rs. 600
4
Rs. 2,400