Dora incurs the following research expenditures. In-house wages ................................... $60,000 In-house supplies .................................... 5,000 Payment to ABC,

Question:

Dora incurs the following research expenditures.
In-house wages ................................... $60,000
In-house supplies .................................... 5,000
Payment to ABC, Inc., for research ............. 80,000
a. Determine the amount of qualified research expenditures.
b. Assuming that the base amount is $50,000, determine Dora's incremental research activities credit?