36. Peter's income tax information contains the following:

Estimated net tax owing for the current year is $12,000.

Net tax owing for the previous year was $10,000.

Net tax owing for the second previous year was $11,000.

For the current taxation year, what is the lowest first income tax installment payment Peter can make without being assessed interest for late installments?

Choose the correct answer.

Question 11 options:

A.$2,500 ( 10000/4)

B. $2,625 ((10000+11000)2/)/4)

C. $ 3,000(12000/4)

D. $ 2,750 (11000/4)