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Omega Corp., a C corporation, had a tax liability of $100,000 for the previous year. For the current year, Omega Corp. estimates that its tax

Omega Corp., a C corporation, had a tax liability of $100,000 for the previous year. For the current year, Omega Corp. estimates that its tax liability will be $120,000. To avoid underpayment penalties, Omega Corp. must make estimated tax payments. Assuming Omega Corp. opts to make equal quarterly estimated tax payments, what is the minimum amount that must be paid each quarter to avoid underpayment penalties

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