Regarding the domestic production activities deduction (DPAD), which of the following statements is true?
a. For C corporations only, the DPAD cannot exceed 50% of allocable W–2 wages
b. Qualified production activities income (QPAI) is calculated by applying a percentage based on specific criteria to a company’s total taxable income
c. S Corporations are ineligible for the DPAD
d. For a sole proprietorship, the DPAD is limited to adjusted gross income (AGI)