company purchased 2,500 ordinary shares of corporation at 210 per share plus transaction cost of 5,250. these shares are acquired for trading purposes. on december 31, 2022, the ordinary shares of corporation are quoted at 244 per share

On february 14,2023 company sold 750 shares of hogan corporation ordinary shares at 252 per share. company incurred transaction costs amounting to 2840 in relation to the sale. On december 31,2023 the ordinary shares of corporation are quoted at 274 per share

At what amount shall company initially recorgnize its investment in corporation ordinary shares on january 1,2022

1. 519750

2. 610000

3. 530250

4. 525000