The following information pertains to the Only Supporters Club: Balances as at 30 September 2019 R Membership fees - received..... 63 240 In arrears membership fees (30 September 2018). 7 440 Membership fees received in advance (30 September 2018). 10 800 Advertising expenses..... 8 800 TH fund - (30 September 2019).. 96 000 Additional information The following transactions must be taken into account for the year ended 30 September 2019: During the current year 25 new members joined the club. The entrance fee per member is R600 and the entrance fees received should be capitalised. Use the information provided to calculate the entrance fees that should be recognised as income in the statement of income and expenditure for the year ended 30 September 2019: A. Entrance fees amount recognised as income is R15 000. . . B. Entrance fees amount recognised as income is R11 250. C. Entrance fees amount recognised as income is RNill. D. Entrance fees amount recognised as income is R3 750. E. Entrance fees amount recognised as income is R7 500