Kite Corporation, a C corporation, made an S election June 30 of last year In the current year, because of the election, Kite is an S Corporation. The net unrealced bulit-in gains at the beginning of the current year are $300,000. The net recognized buit-in gains in the curtent year are $110,000. What is Kite's bullin gains tax for the current year? A) 50 B) 521,000 C) 523,100 D) $63,000