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Problem $14-19($LO$.3)$

Helping Handy, Inc. $("$HHI$")$ is a qualifying $501($c$)(3)$ charity. Mandy, the CEO of the corporation, wants to have a way to predict the lobbying taxHHI can expect to incur each year to help with their cash flow planning. HHI elected $$501(h)$ treatment for lobbying expenditures several years ago.

Mandy provides you with the following quarterly data for this year and tells you that next year exempt purpose expenditures will probably be about $10\%$ higher than this year but lobbying expenditures will be about $25\%$ higher.

$\backslash$table$[[,$Exempt Purpose Expenditures,Lobbying Expenditures$],[$Quarter $1$ and $2$ actual,$$153,200,$$$18,500$How to solve