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1. (Registration Requirements) Come-By-Chance is a newly created proprietorship owned by Charlie Chance and it has a December 31 year end. It operates white-water rafting

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1. (Registration Requirements) Come-By-Chance is a newly created proprietorship owned by Charlie Chance and it has a December 31 year end. It operates white-water rafting trips along the Bow River in Alberta and has not registered to collect the GST. The business is seasonal, with the following trip fees received in 2018: June $ 5,200 .July 13,400 August 9,500 Total 2018 Revenue $28,100 To date, revenue received in 2019 is as follows: May $ 1,300 June 33 6,200 Required: Advise Come-By-Chance if registration for the GST is required and include the reasons for your answer. If required, state when GST collection should start and by what date registration must be completed

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