A Canadian public corporation had federal income taxes payable in each of 2020 and 2021...

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Accounting

A Canadian public corporation had federal income taxes payable in each of 2020 and 2021 exceeding $3,000. One correct option it has with respect to its 2022 instalments is to pay: O a. equal instalments, on a quarterly basis, based on its 2021 federal income taxes payable. O b. one lump-sum payment, within three months of its 2022 year end. O c. on a monthly basis, instalments equal to 1/12th of its estimated 2022 income taxes payable. O d. on a monthly basis, instalments equal to 1/12th of its 2020 federal income taxes payable.

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