The December 31, 2020 Condensed Balance Sheet of Bee Services

The December 31, 2020 condensed balance sheet of Bee Services, a proprietorship, follows:

$\begin{array}{ll}\ \quad\quad \text{Current assets .................................................................. } & \quad\quad\quad \text{ \$ 140,000 \quad \quad\quad\quad \quad } \\ \text{ Property, plant and equipment (net) ..................................... } & \quad \quad \quad \text{\ \(\underline{\text{ 130,000 }}\) \quad \quad \quad } \\\text{ } & \quad \quad \quad \text{ \$ 270,000 \quad \quad \quad } \\ \text{ } \\ \text{Liabilities .......................................................................... } & \quad\quad\quad \text{ \$ 70,000 \quad \quad\quad\quad \quad } \\ \text{ Betty Bee, Capital ..............................................................} & \quad \quad \quad \text{\ \(\underline{\text{ 200,000 }}\) \quad \quad \quad } \\\text{ } & \quad \quad \quad \text{ \$ 270,000 \quad \quad \quad } \\ \text{ Fair values at December 31, 2020, are as follows: }\\ \quad\quad \text{Current assets .............................................................. } & \quad\quad\quad \text{ \$ 160,000 \quad \quad\quad\quad \quad } \\ \quad\quad \text{ Equipment..............................................................} & \quad \quad \quad \text{\ 210,000 \quad \quad \quad } \\\quad\quad\text{ Liabilities .............................................................. } & \quad \quad \quad \text{ \ 70,000 \quad \quad \quad } \\ \text{ } \\\ \end{array}$


On January 1, 2021, Bee Services was incorporated as Bee-Line Ltd., with 10,000 no par value common shares issued. How much should be credited to Common Shares?

A) $ 370,000
B) $ 300,000
C) $ 270,000
D) $ 200,000