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For the prior tax year, the IRS assesses a deficiency against Ellie for $700,000. a....

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Accounting

For the prior tax year, the IRS assesses a deficiency against Ellie for $700,000.

a. Disregarding the interest component, enter Ellie's penalty if the deficiency is negligence: $.

b. Disregarding the interest component, enter Ellie's penalty if the deficiency is civil fraud : $.

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