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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. Cumulative Quarter-End Taxable Income
For the current year. LNS corporation reported the following taxable income at the end of its first second, and third quarters. Cumulative Quarter-End Taxable Income First $1,690, see Second 2,54e, een Third 3,540, eee What are LNS's minimum first second, third, and fourth quarter estimated tax payments determined using the annualized income method? (Enter all amounts as positive values. Leave no answer blank. Enter zero If applicable. Round "Annuallzatlon Factor" for Fourth quarter to 7 places. Round other Intermedlete computations and final answers to the nearest whole dollar amount.) Installment Taxable Income Annualization Factor Annual Est. Taxable Income Tax on estimated taxable income Percentage of Tax Required To Be Paid Required Cumulative Payment Prior Cumulative Payments Required Estimated Tax Payment First quarter Second quarter Third quarter Fourth quarter 96 96 96
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