(Solved): AP 2-1 Individual Income Tax Instalments The following table contains information for Gladys Nite f ...

AP 2-1 Individual Income Tax Instalments The following table contains information for Gladys Nite for the three years ending December 31, 2021, 2022, and 2023. The tax payable column is Gladys' combined federal and provincial/territorial income tax payable. The amounts in the columns titled Case One, Case Two, and Case Three are the amounts withheld by her employer in the three independent cases. Required: A. For each of the three cases: - Indicate whether instalments are required for the 2023 taxation year. Show all supporting calculations. - In those cases where instalments are required, indicate the amount of the instalments that would be required under the approach used in the CRA's instalment reminder. - In those cases where you have calculated the instalments required under the CRA's instalment reminder approach, indicate whether there is a better approach and, if so, calculate the required instalments under that approach. B. For those cases where instalments are required, indicate the dates on which the payments will be due.