Problem 26-32 (LO. 6) Kold Services Corporation estimates that its 2019 taxable income will be $500,000. Thus, it is subject to a 21% income tax rate and incurs a $105,000 liability. For each of the following independent cases, compute Kold's 2019 minimum quarterly estimated tax payments that will avoid an underpayment penalty First-Quarter Second-Quarter Third-Quarter Tax Payment Tax Payment Tax Payment Tax Payment 23,625 X 23,625 X 23,625 X 2303)203)533.023 23,625 X a. For 2018, taxable income was ($200,000). Kold carried back all of this loss to prior years and exhausted the entire net operating loss in creating a zero 2018 liability. 47,2501 x 47,250| X 47,250 X 47,250 X b. For 2018, taxable income was $450,000, and tax liability was $94,500. 44,625 X 44,625 X 44,625 x 44,625 c. For 2017, taxable income was $2,000,000, and tax liability was $680,000. For 2018, taxable income was $400,000, and tax liability was $84,000. eck Wy work