empt=326018cmid=195583&page=6 Question 7 Not yet answered Marked out of 3 P Flag question Stanley is conducting a business in the CBD of Sydney and has bought 400 ladies hats paying $33 for each one. He has registered his business with the Australian Tax Office (ATO) for collection of the Goods and Services Tax (GST) and is entitled to claim input tax credits. His supplier is also registered with the ATO. He sells them all in the shop for $77 each to his customers within the accounting period. Required: How much should he remit to the ATO once all the hats are sold (rounded to the nearest dollar)? Answer: Finish attempt Previous page