Basketball Inc. has imported basketball equipment from the United States using Commercial Invoice #$12345.$ The equipment is valued at US$ $47165\mathrm{.}75$ with an exchange rate of $1\mathrm{.}27813$ and a duty rate of $8\mathrm{.}5\%.$ It's important to note that the equipment is not intended for sale; rather, it will be in Canada for $6$ months for testing and demonstration purposes. The imported basketball equipment qualifies for Temporary Import Regulation, with full duty deferral under Code $9993,$ and partial GST $(1/60$ of the NVFT$).$

Calculate the amount of Duty and GST that Basketball Inc. owes to CBSA for this shipment and show all calculations for full marks $(25$ Marks$).$