When all of the shares of a CCPC are sold to another corporation in an arm's length transaction, the purchasing corporation will ________. Question content area bottom Part 1 Choose the correct answer. A. recognize goodwill on the excess of the purchase price over the fair value of the shares B. retain an adjusted cost base in the shares equal to that of the CCPC C. retain any unused non-capital loss carryforwards of the CCPC D. adjust the capital cost of the assets received to the current fair values