Select the best answer. According to lan Redpath and Greg Urban, which of the following is correct regarding the Employee Retention Credit for 2020? eo 0 The first $10,000 of wages was eligible for the credit, and the credit was for 70% of the first A. $10,000 of wages for each quarter. The first $10,000 of wages was eligible for the credit, and the credit was for 70% of the first B. $10,000 of wages. The first $10,000 of wages was eligible for the credit, and the credit was for 50% of the first C. $10,000 of wages. o The first $5,000 of wages was eligible for the credit, and the credit was for 50% of the first D. $10,000 of wages for each quarter. Submit Answers