Accounts Guru Ltd. issued 1,00,00,000, 12% debentures of 100 each at a premium of 10% payable 40 on application and balance on allotment. Debentures are redeemable at par after 5 years. All money due on allotment was called up and received. The amount received on allotment will be: (a) 4,00,000 (c) 60,00,000 10,00,000 (b) (d) 70,00,000