1. Paris Corporation holds a $100,000 unrealized net capital gain and a capital loss carryforward that will expire in the current year. Paris is subject to a 14 percent cost of capital. Its marginal tax rate is 40 percent. Should Paris accelerate the recognition of this gain from next year to this year, assuming a net capital loss carryforward in each of the following amounts?
   1. $40,000
   2. $10,000
   3. Repeat parts a and b, assume that Paris is subject to a 6 percent cost of capital.