At 30 June 2005 the capital and reserves of Meredith, a limited liability company, were:
                                                                   $m
Share capital
Ordinary shares of $1 each                       100
Share premium account                               80
During the year ended 30 June 2006, the following transactions took place:
1 September 2005             A bonus issue of one ordinary share for every two held, using the share premium account.
1 January    2006               A fully subscribed rights issue of two ordinary shares for every five held at that date, at
                                          $1·50 per share.
What would the balances on each account be at 30 June 2006?
       Share                   Share premium
       capital                     account
       $m                             $m
A    210                           110
B    210                             60
C    240                             30
D    240                             80

a