Dole Company, the Subsidiary Company, Borrowed $80,000 from Anderson Company

Dole Company, the subsidiary company, borrowed $80,000 from Anderson Company, the parent company, on a note payable during the year. Before the consolidation entries were made, the balances in Anderson Company's Notes Receivable and Notes Payable accounts were $180,000 and $275,000, respectively. A consolidated balance sheet shows:

A) Notes Receivable of $180,000 and Notes Payable of $275,000.
B) Notes Receivable of $260,000 and Notes Payable of $275,000.
C) Notes Receivable of $260,000 and Notes Payable of $355,000.
D) Notes Receivable of $100,000 and Notes Payable of $275,000.