Question 4 Bruce Trading Company Ltd dealers in Wax prints imported high grade textiles from the Netherlands on 1st June, 2018 at a factory cost of $17,600 at $11 per yard. He incurred cost of $350 in transporting it to the port of Amsterdam. MV Benjamin Agencies, a shipping company arrived in Ghana on 30th June with the goods charging $1250 for her services. The company incurred additional cost of GHC18,000 in bringing it to their warehouse in Kejetia. The company insured the container on the high seas for $1,740. The exchange rate to the dollar at the time of entry was GHC5.125. The customs tariff contains the following Rate of duty GHC28 per yard VAT 12.5% NHIL 2.5% GET FUND LEVY 2.5% You are required to calculate the total duty payable before the Wax print can be cleared from Tema Harbor