Helpers, Inc., a qualifying 501(c)(3) organization, incurs lobbying expenditures of $323,250 for the taxable year and grass roots expenditures of $0. Exempt purpose expenditures for the taxable year are $2,155,000. Helpers elects to be eligible to make lobbying expenditures on a limited basis. Click here to access Exhibit 23.2. If required, round your answers to nearest dollar. a. What is the ceiling amount of lobbying expenditures under the terms of the election? 386,625 What is the amount of lobbying expenditures Helper is permitted to deduct? b. What is its tax liability as a result of the election? 16,375 Lobbying Nontaxable Amount Is 20%,of exem pt purpose expenditures * $100,000 +15% of the excess of exempt purpose expenditures over $500,000 $175,000 + 10% of the excess of exempt purpose expenditures over $1 million $225,000 + 5% of the excess of exempt purpose expenditures Exempt Purpose Expenditures Not over $500,000 Over $500,000 but not over $1 million Over $1 million but not over $1.5 million Over $1,5 million over $1.5 million