Question Peter's income tax information contains the following: Estimated net tax owing for the current year is $3,000 Net tax owing for the previous year was $1,000 Net tax owing for the second previous year was $2.000 For the current taxation year, what is the lowest first income tax instalment payment Peter can make without being assessed interest for late instalments? OA S 500 N . $ 750 S 250 OD. $ 375