(please solve within 15 minutes I will give thumbs up) George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax. During the current year, he purchases a new Lexus for $82.000He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal toSelect oneO a $4, 100.b. $5,980C. $2,300.d. $10,660.Activate WindowsGo to Settings to activate WClear my choice

New Vehicle purchase price = $ 82000 Trade in allowance = $ 36000 PST rate = 7% The question…

George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax During the current year, he purchanes a new Lexus tor $82.000 He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal to Select one O a $4,100. O b. $5,980 O c. $2,300. O d. $10,660. Clear my choice Activate Windows

George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax During the current year, he purchanes a new Lexus tor $82.000 He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal to Select one O a $4,100. O b. $5,980 O c. $2,300. O d. $10,660. Clear my choice Activate Windows

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter2: Income Tax Concepts

Section: Chapter Questions

Problem 18P

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Question

(please solve within 15 minutes I will give thumbs up)

George Black lives in Manitoba, a non-participating province that has an 7% provincial sales tax. During the current year, he purchases a new Lexus for $82.000
He receives a trade in allowance of $36,000 for his old vehicle. The GST/HST charged on his new vehicle would be equal to
Select one
O a $4, 100.
b. $5,980
C. $2,300.
d. $10,660.
Activate Windows
Go to Settings to activate W
Clear my choice

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