What is the punishment for arson according to the Michigan State Penal Codes? O Up to five years in prison and/or a fine of $300,000
O Up to life in prison and/or a fine of up to $20,000 or three times the property value
O Up to life in prison and/or a fine of up to four times the property value
O Up to twelve years in prison and/or a fine of up to $1,000,000