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For the current year LNS corporation reported the following taxable income at the end of its first second and third quarters Use Corporate Tax Rate Table Quarter End Cumulative Taxable Income

For the current year, LNS corporation reported the following taxable income at the end of its first, second, and third quarters. (Use Corporate Tax Rate Table.) Quarter-End Cumulative Taxable Income First $ 1,700,000 Second 2,636,000 Third 3,681,000 What are LNS’s minimum first, second, third, and fourth quarter estimated tax payments determined 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.)

Installment . Taxable. Annualization . Annual Est. Tax on Percentage of . Required . Prior Required

Factor . Taxable estimated Tax Required . Cumulative . Cumulative Estimated

Income Taxable . to be paid . payment . payment . tax income . payment

First quarter

Second quarter

Third quarter

Fourth quarter

Apr 09 2020 View more View Less

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