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27. Consider Table 2. Assume a VAT rate of 10%. Fill in the empty table cells on your exam paper before answering the questions. You
27. Consider Table 2. Assume a VAT rate of 10%. Fill in the empty table cells on your exam paper before answering the questions. You do not need to submit the table. (In your answers, use whole numbers with no $, commas, or decimal places, if relevant. For example, if your answer is $2 or 2 or 2.2 then enter 2 into Canvas). Table 2 Individual VAT Paid to Seller Net VAT Paid Vendor 1 Vendor 2 Vendor 3 Input Purchases Sales 0 10 60 Vendor 4 7O Consumer (a) [3] How much of the VAT is credited to Vendor 3 for VAT? (b) [3] What is the net VAT paid in total
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