Yin-Li is the preparer of the Form 1120 for Cloves Corporation. On the return, Cloves claimed a deduction that the IRS later disallowed on audit. Compute the tax preparer penalty that could be assessed against Yin-Li in each of the following independent situations. Form 8275 disclosure on the return of the disputed deduction? Tax reduction that resulted from the deduction ($) Probability that the deduction would be approved by the courts (%) Yin-Lis fee to complete the Cloves return ($) a. No 40,000 75 10,000 b. No 50,000 30 500 c. Yes 70,000 30 6,000 d. Yes 80,000 20 6,000