Mr. Zeta Shah and Mrs. Xetai Shah had imported and export business in Houston. In 2016 one of their customer paid $400,000 and money was deposited directly in India. Shahs forgot to report $500,000 income on their 2014 tax return. Over the years whenever they went to India, they used that money for their pleasure. Assume interest rate of 4% and withdrew 50,000 each year to pay for their trips and shopping. They filed their income tax returns from 2014 to 2017 and reported taxable income of 90,000 each year. They live in Memorial, drive fancy cars and two of their children go to private colleges in California. Help them.