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The IRS who audited Mr. Kodak's 2020 Form 1040 assessed an $87,400 deficiency. If the agent believes that the entire deficiency was caused by Mr.

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The IRS who audited Mr. Kodak's 2020 Form 1040 assessed an $87,400 deficiency. If the agent believes that the entire deficiency was caused by Mr. Kodak's willful attempt to cheat the government, compute the resulting civil fraud penalty. Multiple Choice $17,480 $21,850 $65,550 None of these choices are correct

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