Last year, BTA Corporation, a calendar-year taxpayer, reported a net operating loss of ($10,000) and a $0 tax liability. BTA confidently anticipates a current year tax liability of $240,000. What minimum estimated tax payments should BTA make for the first, second, third, and fourth quarters respectively (ignore the annualized income method) assuming the following:
a. BTA is not considered to be a large corporation for estimated tax purposes.
b. BTA is considered to be a large corporation for estimated tax purposes.