Blair underpaid her taxes by $250,000. A portion of the underpayment was shown to be attributable to Blair's negligence ($100,000).A court found that the rest of the deficiency constituted civil fraud ($150,000). a. Compute the total fraud and negligence penalties b. Construct a Microsoft Excel formula that will compute the penalties incurred in part (a). TOTALPEN CFRAUDAMT.75)+ C(TOTALUNDER-FRAUDAMT)2) C. Blair pays the penalties four years after committing the improper acts. Her aftertax rate of return on available cash is 7%. The present value factor for four years at 7% is 0.7629, what is the present value of Blair's penalty obligations? Round your answer to the nearest dollar. The present value of Blair's penalty obligations is