Which of the following tax credits cannot be claimed by a corporation?

Bank Corp. owns 80% of Shore Corp.s outstanding capital stock. Shores capital stock consists of 50,000 shares of common stock issued and outstanding. Shores current year net income was $140,000. During the current year, Shore declared and paid dividends of $60,000. In conformity with generally accepted accounting principles, Bank recorded the following entries in the current year:

Investment in Shore Corp. common stock	$112,000
Equity in earnings of subsidiary		$112,000
Cash	48,000
Investment in Shore Corp. common stock		48,000

In its current year consolidated tax return, Bank should report dividend revenue of

	a.	$48,000
	b.	$14,400
	c.	$9,600
	d.	0

For 2019, Corporation N, a calendar-year taxpayer, had a tax liability of $100,000. Ns 2018 tax liability was $200,000. What is the amount N must have paid for each quarter for 2019 to avoid any penalty or interest for underpayment of estimated tax?

	a.	$22,500
	b.	$23,250
	c.	$25,000
	d.	$50,000