ChocoHealth Inc

Multiple Choice

ChocoHealth Inc.is developing new chocolate products providing abundant health benefits at low calorie counts.For the past three years,it spent an average of $500,000 per year on research.ChocoHealth has spent $900,000 on research.The company has elected the simplified credit.For the current year,it will earn a research credit of

A) $54,000.
B) $126,000.
C) $80,000.
D) $91,000.