Question: Entity E does not account for sales taxes separately when making sales. The sales tax rate is 5%. If the total amount collected was $68,250,

Entity E does not account for sales taxes separately when making sales. The sales tax rate is 5%. If the total amount collected was $68,250, how much was the sales tax? Round to the nearest dollar if necessary.

$3,250

$65,000.

$3,413.

$68,250

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