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Pina Colada Industries has total sales of $183000 and sales taxes collected totaling $12810 based on a 7% tax rate during June. Pina Colada submitted

Pina Colada Industries has total sales of $183000 and sales taxes collected totaling $12810 based on a 7% tax rate during June. Pina Colada submitted $6800 of the taxes to the State before the end of June. Which one of the following will be reported on Pina Colada's financial statements at the end of June? Sales Tax Expense for $12810 Sales for $195810 Sales Taxes Payable for $6010 O Net sales for $189010

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