Local stores pty limited operates retail store, and provides you with the following details to prepare their March 2024 business activity statement. Local stores is registered for GST on the quarterly basis. All amounts below are stated as GST inclusive where GST is applicable and all good PTY limited holds tax invoices where applicable. All invoices are dated during the period 1st January 2024 to 31st March 2024. Receipts $220,000 receipts from general retail sales $44,000 receipts from rental of the residential apartment above the shop $5100 interest on bank deposit $6300 credit card fees for customers who use credit card Payments $110,000 purchase general goods $5500 maintenance cost for the residential apartment $65,000 salary paid to employees $11,000.05 chairs for shelving $3300 rates on the shop building paid to the council $1400 expenses paid to landlord as part of rent $22,000 rent paid on the shop $5500 purchase of imported goods from Thailand Required Discuss the GST implications of each above transactions . Advise local stores PTY Limited of the net GST payable/refundable of the March 2024 business activity statement. Provide justification for your calculations using legislation, case law and rulings where necessary