Helpers, Inc., a qualifying $501(c)(3)$ organization, incurs lobbying expenditures of $$305,250$ for the taxable year and grass roots expenditures of $$0.$ Exempt purpose expenditures for the taxable year are $$2,035,000.$ Helpers elects to make lobbying expenditures on a limited basis. Click here to access Exhibit $23\mathrm{.}2.$

If required, round your answers to nearest dollar.

a$.$ What amount of lobbying expenditures is Helpers allowed to make tax$-$free under the terms of the election?

$

b$.$ What is its tax liability as a result of the election?

$

c$.$ Select your answer to part $($b$)$ as a Microsoft Excel formula.

LOBBYTAX LOBBYEXPEND$-$LOBBYNONTAX$)))$

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Certain exempt organizations are permitted to engage in lobbying $($but not political$)$ activities that are greater than an insubstantial part of thei activities by making a $501(h)$ election. Eligible for the election are most $501(c)(3)$ organizations, but not churches.