GST / Corporate Tax (10 marks)

a) Tuapekong runs a business selling vending machines. During the quarter ended 30 June 2020, he has had the following transactions:-

$

Sale of vending machines 110,000

Bank interest received 95

Employee reimbursement for use of company car 550

Purchase of vending machines 75,000

Bank fees 250

Required

Calculate Tuapekongs GST liability for the quarter. Assume that he is GST registered and all figures are GST inclusive, where applicable. 5 marks

*Australia country