Kerwin Packaging Corporation Began Business in 2010 by Issuing 30,000

Kerwin Packaging Corporation began business in 2010 by issuing 30,000 ordinary shares with a $5 par for $8 per share and 10,000 preference shares of 6%, $10 par at par.At year end, the common share had a market value of $10.On its December 31, 2011, statement of financial position, Kerwin Packaging would report

A) Share Capital-Ordinary of $300,000.
B) Share Capital-Ordinary of $150,000.
C) Share Capital-Ordinary of $240,000.
D) Share Premium-Ordinary of $150,000.