For the taxation year ending December 31, 2018, a corporation's combined federal and

provincial Tax Payable is $103,680. The corresponding figure for 2019 is $122,220. For the

year ending December 31, 2020, it is estimated that combined federal and provincial Tax

Payable will be $113,220.

Case One The taxpayer is a publicly traded corporation.

Case Two The taxpayer is a small CCPC eligible for the small business deduction and has perfect compliance.

Required: For each of the preceding independent Cases, provide the following information:

1. Indicate whether instalments are required during 2020. Provide a brief explanation of

your conclusion.

2. Calculate the amount of each instalment that would be required under each of the acceptable methods available.

3. Indicate the dates on which the instalments are due.