3 pts Question 18 Accounting Adresca Ltd was established in 2020 to provide dients with tax and accounting services During year 2020, the company 10000 ordwystures at $50 per stare Purchase for the shares must be paid in instalments as following $10 was pable on application $15 pable on allotment the reader in calls Masent were pleasantly surprised that applications were received for 12,315 shares the excess money received were offset against amounts du on allotment and any remaining funds apropriate) were offset against calls de All amounts due on the shares were remind from owners apt for the bacall of $10 per share on a parcel of 2000 shares. These shares were forfeited by the company and sesepuently resgad at 8 for payment of 845 per shure (85 discount per sharel Any relevant amounts remaining from the forfeited sures were refunded to the defaulting sure alders How much dd Accounting Professionals Ltd receive as total application money on application date? "IMPORTANT Da NO7 putin