For the three years ending December 31, 2020, Galina Skurnick's combined federal and

provincial taxes payable are as follows:

2018 $28,800

2019 23,040

2020 (Estimated) 21,600

Assume Ms. Skurnick's employer withholds combined federal and provincial taxes for each year as follows:

Case One $19,200 in 2018, $16,000 in 2019, and $16,000 in 2020.

Required: For Case One, use Alternative 3 to calculate the minimum instalment payments that are required to be made towards the settlement of the taxes payable for the year ending December 31, 2020. Show all required calculations.

Note that, in answering this question, you should state a conclusion on whether or not instalments are required, even if the amount of the instalments is nil.