Question: Trigger has positive income during the current year and had positive income for the past five years. Trigger will owe federal income tax of $

Trigger has positive income during the current year and had positive income for the past five years. Trigger will owe federal income tax of $42,000 during the current year on taxable income of $200,000. Trigger owed $100,000 in federal income tax last year. Which statement is the most accurate regarding Triggers payment of its tax liability?

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