Points uestion Calculated Numeric: Please calculate the amount of custom... Please calculate the amount of customs duty paid for the import of goods in the following scenario: Al Mdina Traders based in Shrjah mainland area imported 100 mobile phones from China. The transaction value of goods ("Cost") IS AED 2,000 per each mobile phone. The "Insurance paid is 1% on the cost of goods and the "Freight paid is 2% based on the cost of goods, Keeping in view the rate of custols duty is 5%, please calculato the customs duty paid by Al Madina Traders to Sharjah Customs Authority? Hint: The Incoterms used for the Customs declaration purposes - CIF (Cost Insurance Freight)