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4. Calculate and determine the value for duty (Field 37), customs duty (Field 38), SIMA Assessment (Field 39), Excise Tax (Field 40) value for tax

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4. Calculate and determine the value for duty (Field 37), customs duty (Field 38), SIMA Assessment (Field 39), Excise Tax (Field 40) value for tax (Field 41) and the GST (Field 42), Total for payment (Field 51). You are a Canadian company and have bought product worth 114,500$ in USD from an American supplier. The applicable exchange rate is 0.71$ US = 1CDN The price does not include a 1.5% commission to a selling agent, which you must pay. You must also pay 500$ USD royalty to the vendor. The cost of transportation from the manufacturer in the US to your US supplier is 1200$ USD For your product Excise Tax of 6.5% and a SIMA assessment of 4% are applicable. The duty rate is 6.5% and the GST is 5% Complete the table: Value Name Value for duty (Field 37) Customs duty (Field 38) SIMA Assessment (Field 39) Excise Tax (Field 40) Value for tax (Field 41) GST (Field 42) Total for payment (Field 51) Result: 1/15 points Show all your calculations below

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