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Almond Corporation, a Calendar Year C Corporation, Had Taxable Income

Question 102

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Almond Corporation, a calendar year C corporation, had taxable income of $900,000, $1.1 million, and $1.2 million for 2009, 2010, and 2011, respectively. Almond's taxable income is $2 million for 2012. Compute the minimum estimated tax payments for 2012 for Almond Corporation.

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