Grandpa Clocks, Incorporated (GCI), is a retailer of wall,mantle, and grandfather clocks. Assume GCI sells a grandfatherclock for $10,000 cash plus 4 percent sales tax. The clock hadoriginally cost Required information [The following information applies to the questions displayed below.] Grandpa Clocks, Incorporated (GCl), is a retailer of wall, mantle, and grandfather clocks. Assume \( \mathrm{ 2 answers