Problem $17-32($Algorithmic$)($LO$.6)$

Wan's AGI last year was $$382,000.$ Her Federal income tax came to $$114,600,$ paid through both withholding and estimated payments. This

year, her AGI will be $$573,000,$ with a projected tax liability of $$85,950,$ all to be paid through estimates. Wan wants to pay the least

amount of tax during the year that does not incur a Federal tax penalty.

If required, round intermediate calculations to two decimal place and your final answer to the nearest dollar.

a$.$ Compute Wan's total estimated tax payments for this year.

Under the current$-$year method: $

Under the prior$-$year method: $$($

b$.$ Assume instead that Wan's AGI last year was $$70,000$ and resulted in a Federal income tax of $$14,000.$ Determine her total estimated

tax payments for this year.

Under the current$-$year method: $

Under the prior$-$year method: $