Laura's Design Corporation Has $400,000 in Tax Loss Carry-Forwards

Multiple Choice

Laura's Design Corporation has $400,000 in tax loss carry-forwards.Vandenbosch Investment Consulting,a firm in the 40% tax bracket,would be willing to pay (on a non-discounted basis) the sum of ______________ for the carry-forward alone.

A) $240,000
B) $160,000
C) $400,000
D) $100,000