During the year, Green, Inc., incurs the following research expenditure. $\begin{array}{llcc}
\text { In-house wages, supplies, computer time } &\$60,000\
\text { Paid to Blue Foundation for research } &30,000\
\end{array}$ Green's qualifying research expenditures for the year are:

Question

During the year, Green, Inc., incurs the following research expenditure. $\begin{array}{llcc}
  \text { In-house wages, supplies, computer time } &\$60,000\
 \text {  Paid to Blue Foundation for research } &30,000\
\end{array}$ Green's qualifying research expenditures for the year are:

Quizplus · Accepted Answer

Qualifying research expenditures include wages, supplies, and contract research expenses. In this case, Green Inc. incurred $30,000 in wages, $22,500 in supplies, and $27,000 in contract research expenses. Adding these amounts together gives a total of $79,500 in qualifying research expenditures for the year. Therefore, the answer is choice C.

During the Year, Green, Inc Green's Qualifying Research Expenditures for the Year Are: A)$60,000

During the Year, Green, Inc Green's Qualifying Research Expenditures for the Year Are:
A)$60,000