Bernice Corporation was organized on October 1, 2021 with the following: Authorized shares - 10,000,000 Par value per share - 0.01 On October 1, the company issued the following shares to shareholders: . 1,000,000 shares for cash at $40 per share 10,000 shares to the company's promters for their efforts valued at $400,000 30,000 shares for equipment valued at $1,200,000 REQUIRED: What is the total minimum legal capital for the three stock issuances above? Multiple Choice $100,000 $41,600,000 $8,960,000