Belson Ltd -The Total Amount in the Common Shares Account at December

Belson Ltd. was organized on January 1, 20X4, with 300,000 no par value common shares authorized. During 20X4, the corporation had the following share transactions:

$\begin{array}{|l|l|}\hline \text { Jan } 4 & \text { Issued } 120,000 \text { shares at } \$ 10 \text { per share } \\\hline \text { Mar } 8 & \text { Issued } 40,000 \text { shares at } \$ 11 \text { per share } \\\hline \text { May } 17 & \text { Purchased } 15,000 \text { shares at } \$ 12 \text { per share and cancelled them } \\\hline \text { Jul } 6 & \text { Issued } 30,000 \text { shares at } \$ 13 \text { per share } \\\hline \text { Aug 27 } & \text { Issued } 10,000 \text { shares at } \$ 14 \text { per share } \\\hline\end{array}$
-The total amount in the common shares account at December 31, 20X4 is

A) $2,170,000
B) $2,007,250
C) $1,990,000
D) $2,016,250