Based on the above scenario, what amount of the tax benefit related to the uncertain tax position from the research tax credit can Regal Corporation recognize in calculating its income tax provision in the current year?

Regal Corporation assessed that $$420000$ of its research tax credit on its current year tax return was uncertain, but that it was more likely than not to be sustained on audit. management at Regal determined the following assessment of the company's potential tax benefit from the credit and its probability of occurring.

Potential estimated benif Individual probab of occur $\%$Cumulative probab of occur$\%$

$$420,00019\%19\%$

$300,0001534$

$180,0002357$

$1500002885$

$015100$

Based on the above scenario, what amount of the tax benefit related to the uncertain tax position from the research tax credit can Regal Corporation recognize in calculating its income tax provision in the current year?

A$.$ $$0$

B$.$ $$420,000$

C$.$ $$150,000$

D$.$ $$300,000$

E$.$ $$180,000$

Based on the above scenario, what is the portion of the $$325,000$ credit that will be unrecognized $($require a liability$)$ for uncertain tax positions?

A$.$ $$120,000$

B$.$ $$0$

C$.$ $$240,000$

D$.$ $$270,000$

E$.$ $$420,000$