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Given the following information: Gross sales $900,000 Items purchased from out of state vendors $15,000 Items purchased under certificate of resale but used $3,000 Food
Given the following information:
Gross sales | $900,000 |
Items purchased from out of state vendors | $15,000 |
Items purchased under certificate of resale but used | $3,000 |
Food sales included in gross sales | $90,000 |
Sales to federal government included in gross | $20,000 |
Sales to non-profit organizations included in gross | $8,000 |
Sales to governments outside of Tennessee included in gross | $6,000 |
Local tax rate | Knox County |
Amount subject to single article tax | $6,900 |
Calculate the base to which basic sales tax is applied.
$782,000
$806,000
$890,000
$800,000
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