The business becomes a publicly listed company - RMJ KidsRUs Ltd - with 1,500 outstanding shares. 5 pts The company decides to undertake another share issue. RMJ KidsRUs Ltd released a prospectus seeking 3,000 shares valued at $11 each. The prospectus required investors to pay $5 on application, $4 on allotment and $2 on call. The deadline for applications was 24 January. By this date, applications were received for 3,300 shares. In dealing with this over-subscription, the company decided to refund the excess application money back to the unsuccessful applicants. The shares were allotted on 20 February with payment received on 17 March. A call was made on 3 pril and the call money was received on 23 Anril On 30 June 2020, RMJ KidsRUs Ltd decides to sell its delivery car and replace it by purchasing a new delivery van which would offer greater capacity to move products, 6pts The old delivery car had originally been recorded at a cost of $24,000, had an estimated residual value of $3,800 and had a carrying value of $5,300 as at 30 June 2020 (the day it was sold). RMI KidsRUs Ltd sold the delivery car for $4,800 in cash On 1 July 2020, RMJ KidsRUs Ltd acquired a large delivery van with a list price of $114,000 but was able to negotiate a 7% discount for cash payment. RMJ KidsRUs Ltd also paid cash of $8,100 for mandatory third-party insurance, $6,800 for compulsory stamp duty, and $9,500 to install ustomised shelving within the van as needed to facilitate safe storage of goods to be elivered. Management also decided to exercise their discretion by paying $850 to customise the n's number plate as "RMJ-100". Though this customisation was not required, management th would be fun addition to this scot The business becomes a publicly listed company - RMJ KidsRUs Ltd - with 1,500 outstanding shares. 5 pts The company decides to undertake another share issue. RMJ KidsRUs Ltd released a prospectus seeking 3,000 shares valued at $11 each. The prospectus required investors to pay $5 on application, $4 on allotment and $2 on call. The deadline for applications was 24 January. By this date, applications were received for 3,300 shares. In dealing with this over-subscription, the company decided to refund the excess application money back to the unsuccessful applicants. The shares were allotted on 20 February with payment received on 17 March. A call was made on 3 pril and the call money was received on 23 Anril On 30 June 2020, RMJ KidsRUs Ltd decides to sell its delivery car and replace it by purchasing a new delivery van which would offer greater capacity to move products, 6pts The old delivery car had originally been recorded at a cost of $24,000, had an estimated residual value of $3,800 and had a carrying value of $5,300 as at 30 June 2020 (the day it was sold). RMI KidsRUs Ltd sold the delivery car for $4,800 in cash On 1 July 2020, RMJ KidsRUs Ltd acquired a large delivery van with a list price of $114,000 but was able to negotiate a 7% discount for cash payment. RMJ KidsRUs Ltd also paid cash of $8,100 for mandatory third-party insurance, $6,800 for compulsory stamp duty, and $9,500 to install ustomised shelving within the van as needed to facilitate safe storage of goods to be elivered. Management also decided to exercise their discretion by paying $850 to customise the n's number plate as "RMJ-100". Though this customisation was not required, management th would be fun addition to this scot