Question: Please complete Question. Show and label all calculations for partial credit. Adam files his tax return on April 15 and his tax return shows that

Please complete Question. Show and label all calculations for partial credit.

Adam files his tax return on April 15 and his tax return shows that he owes $3,000. Due to some bad planning, Adam could not pay his taxes when filing his tax return. Adam finally made his payment in full on July 10. What is the late-payment penalty that Adam will be assessed?

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