A parent loans $90,000 to its subsidiary on May 1 of the current year, at an annual interest rate of 2%. Interest payments are due semiannually on October 31 and April 30 of each year. The accounting year ends December 31. The consolidation eliminating entries include a debit to the subsidiary's interest payable account in the amount of: Select one: O A. $1,800 OB. $90,000 O C. $ 300 O D. $ 900