Pinky Co. acquired 80% 0f Scar Co. ordinary share capital on 1 January 2012. As at 31 December 2012 the extract from their individual statements of financial position showed:

As a result of trading during the year Pinky Co.'s receivables balance included an amount due from Scar Co. of $4,600.

What should be the shown as the consolidated figure for receivables and payables?

Select one:

a.

$80,000 and $112,000

b.

$75400 and $112,000

c.

$74,000 and $103,600

d.

$75,400 and $107,400