Quarter-end cumulative taxable income

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Reference no: EM13500018

For the current year, LNS corporation reported the following taxable income at the end of its first, second, and third quarters. (Use Corporate Tax Rate Table.)

Quarter-End Cumulative Taxable Income
First $1,660,000
Second 2,515,000
Third 3,255,000

What are LNS's minimum first, second, third, and fourth quarter estimated tax payments determined using the annualized income method?

Reference no: EM13500018

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