Meena Ltd. issued 60,000 shares of Rs. 10 each at a premium of Rs. 2 per share payable as Rs. 3 on Application, Rs. 5 (Including Premium) on allotment and the balance on first and final call. Applications were received for 1,02,000 shares. The Directors resolved to allot as follows :
(A) Applicants of 60,000 shares - 30,000 shares
(B) Applicants of 40,000 shares - 30,000 shares
(C) Applicants of 2,000 shares - Nil
Nikhil who had appled for 1,000 shares in category A, and Vish who was allotted 600 Shares in category B failed to pay the allotment money. Calculate the amount received on Allotment.

Explanation