Question: Help Save & Exit Submit Check my work For the current year, LNS corporation reported the following taxable income at the end of its first
Help Save & Exit Submit Check my work For the current year, LNS corporation reported the following taxable income at the end of its first second, and third quarters. Quarter- End First Second Third Cumulative Taxable Income $1,740,000 2,825,000 3,885,000 What are LNS's minimum first, second, third, and fourth quarter estimated tax payments, using the annualized income method? (Enter all amounts as positive values. Leave no answer blank. Enter zero if applicable. Round "Annualization Factor for Fourth quarter to 7 places. Round other intermediate computations and final answers to the nearest whole dollar amount) P Percentage of Installment Taxable Income Annualization Factor Annual Est Taxable Income Tax on estimated taxable Income taxable Tax Required Required Cumulative Payment Prior Required Cumulative Estimated Tax Payments Payment To Ba First quarter Second quarter Third quarter Fourth quarter
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