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An SAOG Company offered 5,000,000 shares of OMR 1 each to the public for subscription. The company received applications for 5,045,000 shares. The company

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An SAOG Company offered 5,000,000 shares of OMR 1 each to the public for subscription. The company received applications for 5,045,000 shares. The company finalized the allotment on 5,000,000 shares and rejected applications for 45,000 shares. The company called up OMR 0.600. The company received the entire amount except on 5,250 shares on which call money has not been received. Which one of the following is the paid up capital? Oa. OMR 3,023,850 O b. OMR 3,000,000 O c. OMR 2,996,850 O d. OMR 3,027,000

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