Yes, this expenditure would qualify under the specific language in the statute. "Payments to vendors doing business in this state" is defined in the statute to include expenditures for insurance coverage or bonding, "if purchased from an insurance agent based in this state." MCL 208.1455(12)(c)(i)(G). "Based in this state" will be interpreted to mean that the insurance agent must have a bricks and mortar storefront in Michigan with at least one full time employee. The general one year standard will also apply to the insurance agent's physical presence.