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Culver regularly pays GST owing to the Receiver General for Canada on the 1 5 th of the month. Culver s GST transactions include

 Culver regularly pays GST owing to the Receiver General for Canada on the 15th of the month. Culvers GST transactions include the GST that it charges to customers and the GST that it is charged by suppliers of goods and services. During February 2023, purchases attracted $27,500 of GST, while the GST charged on invoices to customers totalled $39,900. At January 31, 2023, the balances in the GST Receivable and GST Payable accounts were $33,400 and $59,400, respectively.

Calculate the net GST payable or receivable for February 2023.

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