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1 4 Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll taxes due on April 1 5 . She sent the payment

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Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll taxes due on April 15. She sent the payment November 8. The IRS sent her a penalty charge of 7.40% simple interest on the unpaid taxes of $2,400. Calculate the penalty. (Remember that the government uses exact interest.)(Use Days in a year table.)
Note: Do not round intermediate calculations. Round your answer to the nearest cent.
01:56:18
Penalty
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