MsMarston Has Net Tax Owing for 2009 of $4,500, Net

question 45

Multiple Choice

Ms.Marston has net tax owing for 2009 of $4,500, net tax owing for 2010 of $8,000, and net tax owing for 2011 of $7,500.If she wishes to pay the minimum total amount of instal- ments for the 2011 taxation year, her first payment on March 15 will be for what amount?

• A)Nil.
• B)$1,125.
• C)$1,875.
• D)$2,000.

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Definitions:

French Crown Jewel

Precious gems and ornaments that once belonged to the royalties of France.

Indian Mine

A mining site located in India, potentially rich in minerals like coal, iron ore, or precious stones.

Slave

A person who is legally owned by another and is forced to work for them without the freedom to leave or to refuse work.

Sea Captain

The person in command of a ship, responsible for its safe navigation and the welfare of its crew.