Company P Owns an 90% Interest in Company S

Company P owns an 90% interest in Company S. Company S has outstanding $100,000 of 10% bonds that were sold at face value and have 6 years to maturity as of the balance sheet date. Company P owns $70,000 of the bonds and has a remaining unamortized book value of $66,000. Company S bonds will be presented on the consolidated balance sheet as

A) bonds payable, $30,000.
B) bonds payable, $34,000.
C) bonds payable, $100,000.
D) bonds payable will not appear.