estions. Be sure to show all of your work and ca sure each of the following f $1110.85 was due on November 1, 2016. Due to financial problems caf's real estate tax bill unti January 15, 2017. The pe answer is worth 20 points. estate ry 15, 2017. The penalty for late the owner was unable to pay the ment is 8% ordinary interest. Answer the followin (a) How much is the penalty that must be paid? (b) What did the caf pay on January 15? payment Round all answers to the nearest cent. or' April 1 inventory had a cost of $48,000 and a retail value of $70,000. During s cost $210,000 with a retail value of $390,000. Net sales at retail for Wallto-Wall were $280,000. Calculate the cost of ending inventory using the retail inventory 2. Wall-to-Wall Records' April, net purchases $ Records for April $ method. (Round to the nearest hundredth percent.)