28) Which of the following statements is correct regarding a corporation's obligation to make quarterly 28) estimated tax payments? A) The total required estimated payments are generally the lesser of 90% of the corporation's tax liability for the current year or 100% of the tax shown on the preceding year's return. B) The total required estimated payments are generally the lesser of 100% of the corporation's tax liability for the current year or 100% of the tax shown on the preceding year's return. C) The total required estimated payments are generally the lesser of 90% of the corporation's tax liability for the current year or 110% of the tax shown on the preceding year's return D) The total required estimated payments are generally the lesser of 100% of the corporation's tax liability for the current year or 110% of the tax shown on the preceding year's return