Mary paid $456 for an annual contract to an ISP on July 1, 2012. She terminated her contract with the ISP on March 8. The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage. A $50 service charge is then deducted. What refund will Mary receive? Select one: O A. $50 OB. $92.42 OC $54.94 O D. $0 OE. $142.42

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 27P
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Mary paid $456 for an annual contract to an ISP on July 1, 2012. She terminated her contract with the ISP on
March 8. The contract requires to refund a prorated amount to the exact number of days remaining in the period
of coverage. A $50 service charge is then deducted. What refund will Mary receive?
Select one:
O A. $50
OB. $92.42
OC $54.94
O D. $0
OE. $142.42
Transcribed Image Text:Mary paid $456 for an annual contract to an ISP on July 1, 2012. She terminated her contract with the ISP on March 8. The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage. A $50 service charge is then deducted. What refund will Mary receive? Select one: O A. $50 OB. $92.42 OC $54.94 O D. $0 OE. $142.42
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