Required informatio [The following information applies to the questions displayed below.] This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,450. Last year, his total tax liability was $15,300. He estimates that his tax withholding from his employer will be $8,085 b. Assuming Lloyd does not make any additional payments, what is the amount of his underpayment penalty? Assume the federal short-term rate is 5 percent. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Answer is not complete Actual Withholding Required Withholding Over (Under) Withheld Penalty Per Quarter Dates April 15th June 15th September 15th January 15th Total $118.25 0.00