7.5 Slaithwaite Ltd has 1,000 ordinary shares of 50p in issue. The company then issues a further 2,000 shares of 50p, at a premium of 25p per share.

Which of the following statements is correct?

Immediately after the issue:

a) Ordinary share capital is £3,000, and share premium account is £750.

b) Ordinary share capital is £1,500, and share premium account is £500.

c) Ordinary share capital is £2,000, and share premium account is £1,500.

d) Ordinary share capital is £2,250, and share premium account is £562.50.