T Limited was formed on 1 April 2019. A total of 220 000 shares of ＄2 each were issued and shareholders were asked to pay 75% of the share value immediately and 25% on 1 April 2020.
By 1 June 2019 holders of 190 000 shares had paid the amount due.
What was the paid up capital on 1 June 2019?
＄285 000
2 )
＄330 000
3 )
＄380 000
4 )
＄440 000
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