dallas corporation reports the following amounts for years 1 and

Each tax year is a 12-month period. Dallas qualifies as a small corporation for purposes of estimated tax payments, but it does not qualify as a small corporation exempt from the AMT. Dallas makes $23,000 of estimated tax payments for each quarter of Year 2.
a. How much tax will Dallas owe when it files its Year 2 tax return?
b. Is Dallas liable for any estimated tax underpayment penalty? If so, how much did Dallas underpay in each quarter?

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