Thurman Corporation Issued 450,000

Thurman Corporation issued 450,000 $.50 par value share at its date of incorporation for cash at a price of $4 per share. During the first year of operations, the company earned $100,000 and declared a dividend of $40,000. At the end of this first year of operations, the balance of the Ordinary Share account is:

A) $1,800,000.
B) $1,860,000.
C) $225,000.
D) $1,820,000.