only answer if EDUCATED in CANADIAN TAXATION LAWS

For the year ending December 31, 2021, the income statement of Sloan Inc, is as follows (all) amounts are without the addition of the HST): Other Information: 1. Sloan Inc. is a retail business located in Ontario where all of the company's revenues are earned and expenses incurred. The HST rate in Ontario is 13%. The quick method rates are 4.4% for businesses that purchase goods for resale and 8.8% for service providers. 2. For the previous year ending December 31, 2020, Sloan's cost of goods purchased for resale totalled $148,500 and the revenue from sales of taxable supplies totalled $407,700. Both amounts are before HST. 3. Purchases of taxable goods in 2021 , before HST, cost $155,250. 4. All of the other expenses involved the acquisition of fully taxable supplies and were acquired to assist in the provision of fully taxable supplies. 5. Of the salaries and wages, 52% were paid to employees involved in providing exempt ser vices and 48% for fully taxable supplies. 6. A capital expenditure was made during the year at an HST-inclusive cost of $83,620. The expenditure was for furniture and fixtures that will be used 60% for the provision of fully taxable supplies. HST was paid on the acquisition of all depreciable property on which amortization is claimed. Required: For the year ending December 31, 2021 : A. Determine if Sloan is eligible to use the quick method and the gapplicable quick method remittance rate. B. Calculate Sioan Inc's HST payable or HST refund using regular HST calculations. C. On the assumption that Sloan Inc. is eligible to use the quick method, calculate the HST payable or HST refund using the quick method