Green,Inc. ,manufactures and sells widgets.During 2014,an examination of the company records showed the following items:
Domestic production gross receipts $3,000,000
Cost of goods sold for domestic products 750,000
Expenses directly related to domestic production gross
receipts (other than wages)300,000
W-2 wages paid to employees engaged in qualified domestic
production activities 300,000
Ratable portion of other expenses 100,000
Total W-2 wages 325,000
Taxable income 1,600,000
Determine Green's domestic production activities deduction for 2014.
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