Question: Mr. Hall prepared and signed last year's tax return on April 3. However, he forgot to mail the return until the morning of April 20.

Mr. Hall prepared and signed last year's tax return on April 3. However, he forgot to mail the return until the morning of April 20. He enclosed his check for the $3,612 balance of tax due with the return. Compute his late-filing and late-payment penalty?

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