Problem 15-16 (LO. 3) Wish, Inc., a 5 501(c)(3) organization, pays unreasonable compensation to Renata, the treasurer of Wish. Renata's compensation is $600,000. Assume that reasonable compensation would be $500,000. a. Apply the rules for intermediate sanctions. Complete the paragraph below that outlines the tax consequences, if any, for Wish, Inc. Wish has engaged in an that is subject to on the amount of the unreasonable compensation. Under the intermediate sanction rules, they are levied on the and on If an intermediate sanction is applicable to Wish, Inc., what would the amount be? b. Determine any tax consequences for Renata. Renata is a Thus, the first-level excise tax imposed on her would be s benefit transaction is not corrected within the taxable period, the amount of the second-level tax would be s In addition, if the excess