Needing Question 1 Ted Ltd was registered as a company on 1 July 2019. On 4 July 2019, Ted Ltd issued a prospectus offering 200,000 ordinary shares at an issue price of $4.50 each, payable $2.50 on application and $2.00 within a month of allotment. Applications closed on 1 August 2019 with the company having received applications for 230,000 shares. The shares were allotted on 15 August 2019, with the over-subscription amount being refunded to unsuccessful applicants. All allotment money was received by 15 September 2019 1. Calculate the total cash received from applicants by 1 August 2019. 2. How much is the amount to be transferred from the cash trust account to the cash account on 15 August 2019 3. Calculate the cash received from allotment on 15 September 2019