On 15 February 2020, the share capital of Bioshock Ltd consists of 100,000 ordinary shares, issued for $2 each and paid in full. On that date, the directors of the company announce a 3 for 5 rights issue. Each share issued under the rights scheme costs $3. If all shareholders exercise their rights in full and if there are no costs to the rights issue, how much money will Bioshock Ltd?s rights issue raise?

		$150 000
		$180 000
		$750 000
		$900 000