Vireo Corporation, a Calendar Year C Corporation, Has Taxable Income

Multiple Choice

Vireo Corporation, a calendar year C corporation, has taxable income of $1.3 million and $3 million for 2010 and 2011, respectively. The minimum 2011 estimated tax installment payments for Vireo are:

A) April 15, 2011, $110,500; June 15, 2011, $110,500; September 15, 2011, $110,500; December 15, 2011, $110,500.
B) April 15, 2011, $110,500; June 15, 2011, $399,500; September 15, 2011, $399,500; December 15, 2011, $399,500.
C) April 15, 2011, $110,500; June 15, 2011, $399,500; September 15, 2011, $255,000; December 15, 2011, $255,000.
D) April 15, 2011, $255,000; June 15, 2011, $255,000; September 15, 2011, $255,000; December 15, 2011, $255,000.
E) None of the above.