Assume that the total number of capitalisation shares issued is $110000.$ Which one of the following alternatives represents the correct value of the capitalisation shares to b issued by Tswelelopele Ltd on $15$ April $2024?$

a$.$ R $242,000$

b$.R1,890,669$

c$.R1,749,000$

d$.R2,146,500$

e$.R2,000,000$