(4 points) 1. The company sold merchandise for $600. The actual sales tax rate is 9%. What is the total amount received cash from the customer? a) $546 b) $654 b) $645 You MUST show your calculations: (4 points) 2. The company received $555 cash in total for a sales transaction including tax. The actual sales tax rate in the transaction is 5%. What is the net amount of the sales revenue? a) $528.57 b) $582.75 c) $527.25 You MUST show your calculations: (4 points) 3. The company issued 2,000 shares of $10 par common stocks for $16. What is the effect in the total paid in capital? a) Increase by $32,000 b) Increase by $12,000 c) Increase by $20,000 YOU MUST show your calculations: (4 points) 4. The company issued 3,250 shares of $15 par common stocks for $20. What is the effect in paid in capital in excess of par? a) Increase by $65.000 b) Increase by $48,750 c) Increase by $16,250 You MUST show your calculations