Use the information below to answer question A company's authorized share capital was one million ordinary shares at ₦1 each. Issued 80% of its shares at ₦1...

Use the information below to answer question

A company's authorized share capital was one million ordinary shares at ₦1 each. Issued 80% of its shares at ₦1.10 per share. 70k was payable on application, 25k on allotment, 10k due on first call and the balance on second call.

The total amount of money received on application was?