During the year, Green, Inc., incurs the following research expenditures: Inthouse wages, supplies, computer time $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \$ 60,000 $
Paid to Blue Foundation for research $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ 30,000 Green's qualifying research expenditures for the year are:

Question

During the year, Green, Inc., incurs the following research expenditures: Inthouse wages, supplies, computer time $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \$ 60,000 $
Paid to Blue Foundation for research  $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $ $ \quad $  30,000 Green's qualifying research expenditures for the year are:

Quizplus · Accepted Answer

Qualifying research expenditures for Green, Inc. include in-house wages, supplies, and computer time, which total $60,000. Additionally, the $30,000 paid to Blue Foundation for research is also a qualifying expenditure. Therefore, the total qualifying research expenditures for the year are $60,000 + $30,000 = $90,000. However, the question asks for Green's qualifying research expenditures, which are only the expenditures incurred by Green, Inc. Therefore, the total qualifying research expenditures for Green, Inc. are $60,000 + $30,000/2 = $79,500.

During the Year, Green, Inc \quad \quad

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