Question 11 (1 point) Gustav Inc. has credit sales in 2020 in the amount of 5624,000. The credit sales are subject to a 6% sales tax. The sales tax amount is not included in the 5624,000. Prepare the journal entry for the 2020 credit sales. Question 11 options: a) 661,440 Accounts Receivable Sales Revenue Sales Tax Payable 624,000 37,440 b) 561,440 Accounts Receivable Sales Revenue 661,440 Accounts Receivable Sales Tax Expense Sales Revenue 586,560 37.440 624,000 d) Accounts Receivable Sales Tax Expese Sales Revenue 624,000 37.440 561,440 Question 12 (1 point) Lannister Corporation acquires a coal mine at a cost of $1,800,000. Intangible development costs total $360,000. After extraction has occurred, Lannister must restore the property (estimated fair value of the obligation is $180,000), after which it can be sold for $210,000. Lannister estimates that 5,000 tons of coal can be extracted. What is the amount of depletion per ton? Question 12 options: $426 $384 S468 $360