Kold Services Corporation estimates that its 2023 taxable income will be $500,000. Given the 21% Federal corporate income tax rate, it will incur a $105,000 liability. For each of the following independent cases, compute Kold’s 2023 minimum quarterly estimated tax payments that will avoid an underpayment penalty.

a. For 2022, taxable income was ($200,000). As a result, Kold generated a zero 2022 liability.

b. For 2022, taxable income was $450,000, and tax liability was $94,500.

c. For 2021, taxable income was $2,000,000, and tax liability was $680,000. For 2022, taxable income was $400,000, and tax liability was $84,000.