400 shares of Rs. 10, on which Rs. 8 has been called and Rs. 5 has been paid, are forfeited. Out of these, 300 shares are re-issued for Rs. 9 as fully paid. What is the amount to be transferred to Capital Reserve Account ?
A. Rs. 1,200
B. Rs. 1,600
C. Rs. 2,000
D. Rs. 1,700
