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Helpers, Inc., a qualifying 501(c)(3) organization, incurs lobbying expenditures of $344,250 for the taxable year and grass roots expenditures of $0. Exempt purpose expenditures for

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Helpers, Inc., a qualifying 501(c)(3) organization, incurs lobbying expenditures of $344,250 for the taxable year and grass roots expenditures of $0. Exempt purpose expenditures for the taxable year are $2,295,000. expenditures on a limited basis. Click here to access Exhibit 15.2 If required, round your answers to nearest dollar. a. What is the ceiling amount of lobbying expenditures under the terms of the election? Helpers elects to be eligible to make lobbying What is the amount of lobbying expenditures Helper is permitted to deduct? b. What is its tax liability as a result of the election

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