Marty forgot to file his tax return for Year 8. His taxable income for Year 8 was $350,000. His tax liability before payments was $74,000. He had federal income tax withheld from his pay of $52,000 and made estimated tax payments of $23,000. He finally filed his Year 8 tax return on December 10, Year 9. How much does Marty owe in penalties due to this late filing? $55,500 $7,400 $0 $14,700