11. The authorized capital stock of a corporation is P 500, 000 divided into 1, 000 shares with a par value of P 100 each. At least P 25, 000 or 250 shares of the authorized capital stock must be subscribed. The 250 shares were subscribed by 25 subscribers. To meet the minimum amount of subscription that must be paid: A. It is enough that 25% of the total subscription is paid, regardless of the amount paid by each individual. B. Each and every subscriber must always pay P250 which is 25% of their individual subscription. C. Seven of the subscribers paid P 6, 250 and the rest of the subscribers did not make any payment. D. None of these