Question: Indicate the answer choice that best completes the statement or answers the question 20. Juanita is the self-employed owner of Juanita's Linens. Her estimated annual

Indicate the answer choice that best completes the statement or answers the question 20. Juanita is the self-employed owner of Juanita's Linens. Her estimated annual earnings are $73,040 and she expects to pay 27% of this amount in income tax. What will be her quarterly estimated tax payment for the third quarter? (For self- employed persons, social security tax is 12.4% of wages up to $106,800, and Medicare tax is 2.9% of all wages.) a $2,264.24 b. $4,930.20 c. $7,723.98 d. $S29.54

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