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Will rate your answer! ------ In 2019, NB Inc.s federal taxable income was $244,000. Compute the required installment payments of 2020 tax in each of

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In 2019, NB Inc.s federal taxable income was $244,000. Compute the required installment payments of 2020 tax in each of the following cases:

Required:

  1. NBs 2020 taxable income is $358,000.
  2. NBs 2020 taxable income is $800,000.
  3. NBs 2020 taxable income is $1,192,000.

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7 In 2019, NB Inc.'s federal taxable income was $244,000. Compute the required installment payments of 2020 tax in each of the following cases: 1.4 points Required: a. NB's 2020 taxable income is $358,000. b. NB's 2020 taxable income is $800,000. c. NB's 2020 taxable income is $1,192,000. Answer is complete but not entirely correct. a. Total installment payments Total installment payments Total installment payments Amount $ 75,180 X $ 168,000 X S 250,320 b. C

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