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2 4 points elock 01 Heliot Company operates its business in State H, which levies a 6 percent sales and use tax. This year, Heliot
2 4 points elock 01 Heliot Company operates its business in State H, which levies a 6 percent sales and use tax. This year, Heliot purchased a $827,500 Bem of tangible property in State K and paid $24,825 sales tax to the state. It also purchased a $992,000 item of tangible property in State L and paid $66,464 sales tax to the state. Firm H transported both items of property into State H for use in its business. Required: a. Compute the use tax that Heliot owes to State H for the property purchased in State K. b. Compute the use tax that Heliot owes to State H for the property purchased in State L.. Complete this question by entering your answers in the tabs below. Required A Required B Compute the use tax that Hellot owes to State H for the property purchased in State K Pre credit use fas Sales tax paid to State K Use tax owed to State H Amount Required B > Check my work Chapter 1Homework 2 4 P Heliot Company operates its business in State H, which levies a 6 percent sales and use tax. This year, Heliot purchased a $827,500 dem of tangible property in State K and paid $24,825 sales tax to the state. It also purchased a $992.000 item of tangible property in State L and paid $66,464 sales tax to the state. Firm H transported both items of property into State H for use in its business. Required: a. Compute the use tax that Heliot owes to State H for the property purchased in State K b. Compute the use tax that Heliot owes to State H for the property purchased in State L Complete this question by entering your answers in the tabs below. Required A Required Compute the use tax that Heliot owes to State H for the property purchased in State L Pre oedt use tax Sales tax paid to State Amount the tax owed to State H
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