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For the current year, LNS corporation reported the following taxable income at the end of its first, second, and third quarters. Quarter-End Cumulative Taxable Income
For the current year, LNS corporation reported the following taxable income at the end of its first, second, and third quarters.
Quarter-End | Cumulative Taxable Income |
---|---|
First | $ 1,700,000 |
Second | 2,636,000 |
Third | 3,681,000 |
What are LNS's minimum first-, second-, third-, and fourth-quarter estimated tax payments, using the annualized income method?
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