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All of the operations of June Ltd . are located in Ontario where the relevant HST rate is 1 3 percent. During the current quarter,

All of the operations of June Ltd. are located in Ontario where the relevant HST rate is 13 percent. During the current quarter, June Ltd. has taxable sales of $1317000 before HST. Its cost of sales for the period was $844000 before HST and its merchandise inventories increased by 104000, again before HST. Salaries and wages for the period totaled $63000, interest expense was $18000, and amortization expense was $80000. No capital expenditures were made during the period.
Determine the net HST payable or refund for the quarter.
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your
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