David files his tax return 45 days after the due date. Along with the return, David remits a check for $40,000 which is the balance of the tax owed. Disregarding the interest element, David's total failure to file and to pay penalties are:
A) $400.
B) $3,600.
C) $4,000.
D) $4,400.
E) None of these.
Correct Answer:
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