Mrs. DK, a resident of Rhode Island, traveled to Delaware to purchase an oil painting from a

Question:

Mrs. DK, a resident of Rhode Island, traveled to Delaware to purchase an oil painting from a local artist. The cost of the painting was $9,400. Rhode Island has a 7 percent sales and use tax, while Delaware has no sales and use tax.
a. How much Rhode Island use tax does Mrs. DK owe on the purchase she made in Delaware?
b. How much Rhode Island use tax would Mrs. DK owe if she purchased the painting from a gallery in New York City and paid 8.75 percent state and local sales tax on the transaction?
c. How much Rhode Island use tax would Mrs. DK owe if she purchased the painting from a in Milwaukee and paid Wisconsin's 5 percent sales tax on the transaction?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...