Jack Chan, Energy Efficient Solutions is an unincorporated business located in Nova Scotia, a province that participates in the HST program with an HST rate of 15%. The business provides energy saving consulting services both domestically (fully taxable supply) and internationally (zero-rated supply). The company also offers courses on improving energy efficiency (exempt supply). For the year ended December 31, 2019, its income statement is as follows. All items exclude HST paid and collected. Domestic consultant service fees (fully taxable supply) $360,000 International consultant service fees (zero-rated supply) 50,000 Tuition fees for courses on energy efficiency (exempt supply) 20,000 Total revenues $430,000 Expenses: Depreciation expense - equipment (Note 1) 50.000 Salaries 63,000 Office supplies (Note 2) 40,000 Other expenses (Note 3) 52.000 Total expenses 205,000 Net income $225,000 Note 1: The equipment was purchased at the beginning of the current year for $150,000 before HST and is used 55% of the time for fully taxable supply activities, 25% for zero-rated supply and 20% for exempt supply. It is being depreciated over 3 yrs. Note 2: Purchases of office supplies during 2019 totaled $ 45,000 before HST of which $40,000 of supplies were used during the year. 60% of the office supplies were for fully taxable supply, 20% for zero-rated supply and 20% for exempt supply. Note 3: Other Expenses of $52,000 before HST relate to the provision of fully taxable supplies. Included in Other Expenses is $16,000 for golf club dues. Jack Chan entertains clients at the club and finds it is a great way to prospect for new clients. Required: (Show ALL calculations, including those for which the result is nil.) A. Calculate the net HST payable or refund for 2019 using regular HST calculations. (13 marks) B. Does the company qualify to use the Quick Method? Explain and show calculations. (2 marks) C. Without regard to your conclusion to your conclusion in Part B, calculate the net HST payable or refund for 2019 using the quick method. (5 marks) Jack Chan, Energy Efficient Solutions is an unincorporated business located in Nova Scotia, a province that participates in the HST program with an HST rate of 15%. The business provides energy saving consulting services both domestically (fully taxable supply) and internationally (zero-rated supply). The company also offers courses on improving energy efficiency (exempt supply). For the year ended December 31, 2019, its income statement is as follows. All items exclude HST paid and collected. Domestic consultant service fees (fully taxable supply) $360,000 International consultant service fees (zero-rated supply) 50,000 Tuition fees for courses on energy efficiency (exempt supply) 20,000 Total revenues $430,000 Expenses: Depreciation expense - equipment (Note 1) 50.000 Salaries 63,000 Office supplies (Note 2) 40,000 Other expenses (Note 3) 52.000 Total expenses 205,000 Net income $225,000 Note 1: The equipment was purchased at the beginning of the current year for $150,000 before HST and is used 55% of the time for fully taxable supply activities, 25% for zero-rated supply and 20% for exempt supply. It is being depreciated over 3 yrs. Note 2: Purchases of office supplies during 2019 totaled $ 45,000 before HST of which $40,000 of supplies were used during the year. 60% of the office supplies were for fully taxable supply, 20% for zero-rated supply and 20% for exempt supply. Note 3: Other Expenses of $52,000 before HST relate to the provision of fully taxable supplies. Included in Other Expenses is $16,000 for golf club dues. Jack Chan entertains clients at the club and finds it is a great way to prospect for new clients. Required: (Show ALL calculations, including those for which the result is nil.) A. Calculate the net HST payable or refund for 2019 using regular HST calculations. (13 marks) B. Does the company qualify to use the Quick Method? Explain and show calculations. (2 marks) C. Without regard to your conclusion to your conclusion in Part B, calculate the net HST payable or refund for 2019 using the quick method