Hanoi Ltd was placed into liquidation on 30 April 2019. The cash available after all assets have been realised and liabilities and expenses paid was $62,000.

The share capital of Hanoi Ltd immediately prior to liquidation was as follows.

Hanoi Ltd (in Liquidation) - Extract from Balance Sheet

Issued Capital Shares $

Shares

5% $2.00 Cumulative Preference Shares (called to $1.60) 10,000 16,000

'A' $1.00 Ordinary Shares (called to 80c) 100,000 80,000

'B' $1.00 Ordinary Shares (called to 40c) 100,000 40,000

less Calls in arrears (10c per share) (4,000)

Total 132,000

Calculate the total notional cash available for distribution to shareholders.