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XYZ Ltd's statement of financial position shows ordinary share capital of 150,000 and share premium of 50,000 at the beginning of a financial year. If
XYZ Ltd's statement of financial position shows ordinary share capital of 150,000 and share premium of 50,000 at the beginning of a financial year. If the ordinary share capital is 250,000 and share premium is 120,000 at the end of the financial year, how much did the ordinary share issue raise?
| 1. | 250,000 |
| 2. | 100,000 |
| 3. | 370,000 |
| 4. | 170,000 |
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