The Celluloid Collar Corporation Has $210,000 in Tax Loss Carry

Multiple Choice

The Celluloid Collar Corporation has $210,000 in tax loss carry forwards. The Bowstring Shirt Company, a firm in the 30% tax bracket, would be willing to pay (on a non-discounted basis) the sum of ______________ for Celluloid Collar Corporation's carry forward alone.

A) $108,000
B) $52,000
C) $63,000
D) $700,000