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MCQ XYZ Company received $42,000 not including sales taxes. If the sales tax rate is 3%, what is XYZ Company's sales taxes payable for the
MCQ
XYZ Company received $42,000 not including sales taxes. If the sales tax rate is 3%, what is XYZ Company's sales taxes payable for the month? *
(A) $1,223
(B) $1,260
(C) $40,777
(D) $42,000
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