There are three production stages required before a pair of skis produced by Fjord Fabrication can be sold at retail for 2,300. Fill in the following table to show the value added at each stage in the production process and the incremental and total VAT. The Norwegian VAT rate is 25 percent. (Round "Incremental VAT" to 2 decimal places.) Production stage selling Price Value Added Incremental VAT 1 NOK670 NOK NOK 2 NOK2450 NOK NOK 3 NOK3400 NOK NOK                            Total VAT NOK

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