IFRS Multiple Choice Question 15

Swing High Inc. offers its 100 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purchase 10 shares at 10% discount. The par values of shares were $10. Overall, 60 employees accepted the offer and each employee purchased six shares. The market price on purchase date was $100. Swing High Inc. will credit Share PremiumOrdinary for:

	$32,400
	$3,600
	$36,000
	$28,800