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Bravo Co Inc, a construction company, is a VAT general taxpayer, with a monthly VAT period. The following information relates to Bravo Co Inc's VAT

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Bravo Co Inc, a construction company, is a VAT general taxpayer, with a monthly VAT period. The following information relates to Bravo Co Inc's VAT position during May 2022 (VAT rate =9% ) : It provided local services to the amount of RMB 42,000 (VAT exclusive) during May 2022. During that same month it had total local purchases and expenses to the amount of RMB 59,000 (VAT Inclusive), of which RMB 7,500 (VAT Exclusive) was for purchases from small-scale taxpayers from whom general VAT invoices was received. The balance was for local purchases and expenses for which it had obtained special VAT invoices @ 9 \% VAT. Required : Answer Questions 5 to 8 below : (5 marks) 5. Calculate \& type the total Output VAT for May 2022 : 6. Calculate \& type the total Input VAT for May 2022 : 7. Calculate \& type the final Net VAT Payable / Creditable / Refundable number only (MANDATORY: Indicate which is applicable in the NOTE) by I to Bravo Co Inc for May 2022

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