! Required information Problem 8-77 (LO 8-5) (Algo) (The following information applies to the questions displayed below.) This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,300. Last year, his total tax liability was $15,200. He estimates that his tax withholding from his employer will be $7,990. Problem 8-77 Part-a (Algo) a. How much does Lloyd need to increase his withholding by (for the year), in order to avoid the underpayment penalty? Increase in withholding