Compute total fraud and negligence penalties incurred

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Reference no: EM13140133

Dana underpaid her taxes by $250,000. A portion of the underpayment was shown to be attributable to Dana’s negligence ($200,000). A court found that a portion of that deficiency constituted civil fraud ($80,000). Compute the total fraud and negligence penalties incurred. Explain your answer as necessary.

Reference no: EM13140133

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