Ribidpro incorporated had mone than $$1,000\mathrm{.}000$ of tasable income two years prior to the current yeat it would like to use its prion$-$year tax liability $($which was very low but above zero$)$ to determine its quarterly estimated payments this yeat. Which of the following statements is true?

Multiple Choice

Rapidpro may use the prioryear tax llability to determine its first and second euaser evtimated tax payments only since it is a larpe corporation.

To arvid perally, the second quatber entimated payment must be large enough to cover $50$ percent of its eitimaned anhual tax liablity annualized from is first quarter estimated taxable income farsume it does not nely on its current$-$year achual tax lability to determine ins evtimated tas poyment$|$

To avoid penaly, the thind euanter estimated payment munt he larpe enough fo cover $50$ percent of its entimated annual tar liabilly annuslined fom is third quarter entimabed tasable income fastume it does not rely on las current year achual lax liablity no devermine its estimased tax ptyment$).$

Nore of the choices is correct.