In the Current Year,Auto Rent Corporation Reported the Following Taxable

In the current year,Auto Rent Corporation reported the following taxable income at the end of its first,second,and third quarters:
$\begin{array} { l c } & \text { Curnulative Taxab } \\\text { Quarter }& \text { Income } \\\text { First } & \$ 1,500,000 \\\text { Second } & \$ 2,800,000 \\\text { Third } & \$ 3,600,000\end{array}$ What amount of estimated tax payments would Auto Rent pay each quarter in order to avoid estimated tax penalties under the annualized income method of computing estimated tax payments?

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First quarter $315,000; ($1,500,000 × 4 ...

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