The IRS who audited Mr.Kodak's 2016 Form 1040 assessed an $87,400 deficiency.If the agent believes that the entire deficiency was caused by Mr.Kodak's willful attempt to cheat the government,compute the resulting civil fraud penalty.
A) $17,480
B) $21,850
C) $65,550
D) None of the above
Correct Answer:
Verified
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