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Based on the below information calculate three different approaches to calculate income tax installment payments to CRA. - Tax payer is an individual - Estimated

Based on the below information calculate three different approaches to calculate income tax
installment payments to CRA.
- Tax payer is an individual
- Estimated taxes of $40,000 for 2023
- Actual taxes of $28,000 in 2022
- Actual taxes of $32,000 in 2021

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