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Exercise 13-15 (Algorithmic) (LO. 3) Alison incurs the following research expenditures. In-house wages $105,000 In-house supplies 10,500 Payment to ABC, Inc., for research- 147,000 If
Exercise 13-15 (Algorithmic) (LO. 3) Alison incurs the following research expenditures. In-house wages $105,000 In-house supplies 10,500 Payment to ABC, Inc., for research- 147,000 If required, round your answers to the nearest whole dollar. a. Determine the amount of qualified research expenditures. b. Assuming that the base amount is $126,000, determine Alison's incremental research activities credit
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