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Doggie Rx Inc

Question 78

Multiple Choice

Doggie Rx Inc.is a new company developing a tasty chewable pill for dogs that will protect them from all types of fleas,ticks and intestinal parasites.This is its first year of business,and it has spent $500,000 on qualifying research expenditures.Doggie Rx will earned a simplified research credit of


A) $30,000.
B) $70,000.
C) $15,000.
D) $250,000.

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