Helpers, Inc, a qualifying 5501(c)(3) organization, incurs lobbying expenditures of $345,750 for the taxable year and grass roots expenditures of 30 . Exempt purpose expenditures for the taxable year are $2,305,000. Helpers elects to make lobbying expenditures on a limited basis. Gick here to access Exhibit 15.2 . If required, round your answers to nearest dollar. a. What amount of lobbying expenditures is Helpers allowed to make tax-free under the terms of the election? 1 b. What is its tax liability as a result of the election? x c. Select your answer to part (b) as a Microsoft Excel formula. LOBBYIAX = MAX (0,(25( LOBBYEXPEND-LOBAYNONTAX )))