MrAnd MrsChung Filed Their Unextended 2016 Form 1040 on May 30,2017,and

Mr.and Mrs.Chung filed their unextended 2016 Form 1040 on May 30,2017,and had no reasonable cause for the delinquency.The return showed a $10,479 balance of tax due.Compute the Chungs' late-filing and late-payment penalty.

A) $524
B) $1,048
C) $2,620
D) None of the above