Answer
Current Year Method
First Quarter Payment ( $ 189000/4*100) = $ 47250
Second Quarter Payment = $ 47250
Third Quarter Payment = $ 47250
Fourth Quarter Payment = $ 47250
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$ 189000
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b) Prior Year Method
First Quarter Payment ( $ 42000/4*100) = $ 10500
Second Quarter Payment = $ 10500
Third Quarter Payment = $ 10500
Fourth Quarter Payment = $ 10500
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$ 42000
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c) First Quarter Payment ( $ 42000* 25%) = $ 10500
(25% is quarterly rate that is (10500/42000) *100= 25%
In thrid Category only first quarter need to be pay
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