Large Company owns 60 percent of the outstanding shares of Tiny. During the current year, Large sold inventory costing $90,000 to Tiny for $100,000. Although this inventory has now been sold to an outside party, Tiny has not yet paid Large. At the balance sheet date, Large has total current assets of $600,000 whereas Tiny has total current assets of $400,000. Assume that there were no allocations established at the date of acquisition. What is the total amount reported on the consolidated balance sheet for current assets?

A)$740,000

B)$780,000

C)$900,000

D)$940,000