; and (II) the gross revenues from sales of such prescription drug in commerce in the most recently completed calendar quarter. (ii) Such information related to increased input costs as the applicable entity may wish the Inspector General to consider in making a determination under subclause (II) of paragraph (3)(B)(ii) or an assessment in subclause (III) of such paragraph for the most recently completed calendar quarter. (iii) Such information related to any anticipated increased input costs for the subsequent calendar quarter as the applicable entity may wish the Inspector General to consider in making a determination under subclause (II) of paragraph (3)(B)(ii) or an assessment in subclause (III) of such paragraph for such calendar quarter. (B) Penalty for failure to submit (i) In general An applicable entity described in subparagraph (A) that fails to submit information to the Inspector General regarding a prescription drug, as required by such paragraph, before the date specified in subparagraph (C) shall be liable for a civil penalty, as determined under clause (ii). (ii) Amount of penalty The amount of the civil penalty shall be equal to the product of— (I) an amount, as determined appropriate by the Inspector General; which is— (aa) not less than 0.5 percent of the gross revenues from sales of the prescription drug described in clause (i) for the most recently completed calendar year; and (bb) not greater than 1 percent of the gross revenues from sales of such drug for the most recently completed calendar year; and (II) the number of days in the period between— (aa) the applicable date specified in subparagraph (C)