Naomi purchased a used television set and a stereo system for $1,000 and $600, respectively. She was able to quickly resell the television set for $1,160. After a few days, Naomi sold the stereo system, but at a loss on the initial investment. If the percentage of profit on the television was the same as the percentage of loss on the stereo system, at what price did Naomi sell the stereo system?

A. $504
B. $264
C. $904
D. $204