For the year ending December 31, 2022, the Income. Statement of Smugglers Ltd. is as follows (all amounts are without the addition of the GST and PST): Other Information: 1. Smugglers Ltd. carries on a retail business in Alberta where all of the Company's revenues and expenses are incurred. The quick method rates applicable to the province of Alberta are 1.8% for businesses that purchase goods for resale, and 3.6% for service providers. 2. For the previous taxation year ending December 31,2021, Smugglers' s cost of goods purchased for resale totalled $110,000 and the revenue from sales of taxable supplies totalled $302,000. These amounts are before GST. 3. Inventories of taxable goods decreased by $8,000 during the year. 4. All of the "other expenses" relate to fully taxable supplies. 5. Of the Salaries \& Wages, 46% were paid to employees involved in providing exempt services. 6. A capital expenditure was made during the year at a GST of $62,160. The expenditure was for equipment that will be used 60% for the provision of fully taxable goods. GST was paid on the purchase of all properties on which amortization is being deducted for the year. Go to next page.. equired: For the taxation year ending December 31,2022 : PART A: Assume that Smugglers is eligible to use the Quick Method. Calculate the 2022 GST payable or GST refund for Smugglers Ltd. (5 Marks) PART B: Calculate the 2022 GST payable or GST refund. (9 Marks) PART C: Which method would you recommend and why? (1 Mark)