The Alto-Baxter Affiliated Group Filed a Consolidated Return for the First

question 74

Multiple Choice

The Alto-Baxter affiliated group filed a consolidated return for the first time last year.The group does not come under the "large" corporation rules.For last year,the group reports a tax liability of $60,000.Cooper Corporation has a $30,000 tax liability last year.This year,the Alto-Baxter affiliated group purchased all of the Cooper stock.This year,the Alto-Baxter-Cooper group reports an $110,000 consolidated tax liability.To avoid penalties for the current year,the group must make timely estimated tax payments of how much during the year?

• A)$60,000
• B)$90,000
• C)$110,000
• D)No estimated tax payments are required.

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Definitions:

Sound Waves

Audible disturbances that propagate through the air or other materials and are perceivable when they arrive at the ear of a human or animal.

Sense Organs

Organs that receive stimuli (like the eyes, ears, nose, tongue, and skin) and send information to the brain via the nervous system to be interpreted.

Lens Flexibility

Lens flexibility refers to the capacity of the eye's lens to change shape to focus on objects at various distances, crucial for sharp vision.

Visual Acuity

The clarity or sharpness of vision, a measure of how well a person can see details at a distance.