Question: Pls answer this question from a tax class #4 Saved K Ltd., a Canadian company, had sales of $3,500,000 in the last quarter of the

Pls answer this question from a tax class

Pls answer this question from a tax class #4 Saved K Ltd.,

#4 Saved K Ltd., a Canadian company, had sales of $3,500,000 in the last quarter of the year ($3,000,000 within Canada and $500,000 outside of Canada). During the same period, the following expenditures were incurred: inventory purchased $800,000, equipment purchased $100,000, salaries & wages $400,000, rent $170,000, insurance $20,do0, and interest expense $30,000. What is the amount of GST to be remitted to the CRA for the quarter? $ 96500

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