ABC Urd, a listed company with over 100 million in tincome recently changed its mensunting system. The controller e whether he can meet the company's tax return filing deadline, and it covered that the return may be late by one to two months. He has heard that the amount of late filing penalty is based on the amount of Be the filing date. He has the idea of overpaying the amount of estimated taxes cwing before the date the return to to suid ay latest in penalty should the company's avatun bate by couple of months Comment on the controller strategy ABC Ltd, a listed company with over $100 million in net income, recently changed its accounting system. The controller is unsure whether he can meet the company's tax return filing deadline, and is concerned that the return may be late by one to two months. He has heard that the amount of late-filing penalty is based on the amount of taxes due on the filing date. He has the idea of overpaying the amount of estimated taxes owing before the date the return is due, so as to avoid any late filing penalty should the company's tax return be late by a couple of months. Comment on the controller's strategy