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Assignment =2 : Bonded B3 Calculations and in-Bond Movement Canada Golfing Suppliers and Traders, a Caledon-based sporting goods trading company has imported 200 pieces of

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Assignment =2 : Bonded B3 Calculations and in-Bond Movement Canada Golfing Suppliers and Traders, a Caledon-based sporting goods trading company has imported 200 pieces of Gof Stick Holders frem Wyming Golfing Supplies, Hongkong, which are arriving in Canada this week. They are convinced that the prices they got for this lot of 200 piecer are special and competitive and even if they are not able to immediately sell the whole lot within Canada itself, they will be able to find buyers from the US through their well-establiahed e-commerce arm. The prices negotiated and agreed with Wyming Golfing for each Golf Stick Holder is US S 425.00 , under DAP Incoterms 2020 , for delivery at the Caledon Bonded Warehouse of Canada Goifing. Canada Goifing has recertly bagsed an order for delivery of 25 Golf Sock Holders to HLG Golfing Club, Calgary which they had assured completing the delivery within the next 5 days after completing the required customs release formalitier on arrinal of goods. Stan Smith of Canada Golfing is also currently pegotating with Buffalo Golfing Qub and is expected to bag a major order confirmation for 50 pieces of Golf Stick Holders this week You, as the Loglatics Manager of Canada Golfing, are assigned with the task of compieting the customs formalities for a. Importing the goods and purting them on bond with applicable B3 entries b. Releasing from custorns bond for the Calgary-based customer delivery c. Releasing from customs bond for the Euffalo based Customer deivery Assignment Instructions: 1. 833 Forms and Ir-Bond Movement documents are to be worked out and submitted as pdt documents indicating all refevant entries in them 2. Arsume an exchange rate of 14 for USD to CAD conversion 3. Write 500 words notes highlighing the entire procers 4. The writeup must be around 500 words in 12 font double spacing in MS Words 5. B3 Forms have to be only in pop format 6. Narne your submission folders as below: Firstiome_Srudentid_Assign2, mmddy 7. Due date for submasion, 05/13/2023 before 23/59hrs ET 8. You need to fill in only those bores from 1 to 20 for which you have detaits in the given case. 9. Your focus is required moce for calcularing and filing in all relevant detals avalabie in Elalds 21 1042 10. Finaly, fil in the totals for Durtes, CST, and Net Total in feids 47 to 51 for the ancire lot of five items

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