ACC202 Corporate Acc ... SINESS Manning Company issued 10,000 shares of its $5 par value ordinary shares having a fair value of $25 per share and 15,000 shares of its $15 par value preference shares having a fair value of 520 per share for a lump sum of $480,000. How much of the proceeds would be allocated to the ordinary shares? Select one: O a. $255,000 b. $250,000 C. $218,182 O d. $50,000 Next page >> NEXT ACTIVITY PV Tables