On May 31, 2020, the current fair values of Subsidiarys inventories and plant assets (net) were $40,000 and $180,000, respectively; whereas the currying amounts of these assets were $50,000 and $140,000 respectively. Assume that retained earnings amounts of the parent company and its subsidiary were $ 350,000 and $ 180,000 respectively. In a consolidated balance sheet of the parent and its subsidiary retained earnings amount to be recorded as:

a.

$180,000.

b.

$170,000.

c.

$530,000.

d.

$350,000.