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If Karen filed her taxes on time but didn't pay her due amount till 135 days late, what would her Failure-to-Pay penalty be if she owed an additional $5,500 in taxes? (type your answer as a number don't put a "S" sign

If Karen filed her taxes on time but didn't pay her due amount till 135 days late, what would her Failure-to-Pay penalty be if she owed an additional $5,500 in taxes? (type your answer as a number don't put a "S" sign

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 10 If Karen filed her taxes on time but didn't pay her due amount till 135 days late, what would her Failure-to-Pay penalty be if she owed an additional $5,500 in taxes? (type your answer as a number, don't put a "S" sign)
Transcribed Image Text:QUESTION 10 If Karen filed her taxes on time but didn't pay her due amount till 135 days late, what would her Failure-to-Pay penalty be if she owed an additional $5,500 in taxes? (type your answer as a number, don't put a "S" sign)
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