12. Federal Aviation purchases 16,600 gallons of aviation fuel. The federal excise tax is $0.16 per gallon. Find the amount of the excise tax for this transaction. (Round your answer to the nearest cent if necessary)

a. $1,037.50

b. $2,656.00

c. $1,073.50

d. $2,566.00

13. Lenny and Laura had a tax liability of $6,131 last year. In addition, they owed other taxes of $464. They were entitled to tax credits of $445 and withholding amounted to $440 per month. Calculate the amount of the refund or the amount of additional taxes due (as the case may be).

a. $870 Due

b. $1,760 Due

c. $870 Refund

d. $851 Due