5. Medical, Inc., a 501(c)(3) organization a public charity, sells property to its executive director for $225,000. The fair market value of the property is $175,000. The organization managements participation in the transaction was not willful and reasonable cause exists for the management.

b. Assume instead the property was sold for $100,000. Calculate the amount of the excise tax imposed under the intermediate sanctions provision both first level and second level, if any.