Maria, a calendar year taxpayer, is audited by the IRS in February 2022 for the tax year 2020. During the course of the audit, the IRS proposes that Maria owes additional taxes because she failed to substantiate certain travel and entertainment expenses. In addition, the IRS discovers that Maria failed to file a tax return for 2015 and, in 2017, an item of gross income amounting to $26,000 was not reported. Directions Prepare a presentation analyzing Maria's tax situation. Specifically, you must address the following rubric criteria: Explain the rationale for the statute of limitations (slide 1). Describe the elements of the statute of limitations, including the citation of the proper Internal Revenue Code (IRC) authority (slide 2). Apply the statute of limitations (slide 3): Explain the statute of limitations with respect to Maria's 2020 tax return. Explain the statute of limitations with respect to Maria's failure to file a return in 2015. Explain the statute of limitations with respect to Maria's failure to report the item of gross income. Once the audit results are received, explain Maria's options during the appeals process (slide 4)