QUESTION 4 - GST Answer the following questions: (a) Laura sells fresh fruit and vegetables to the public (in Canberra). Her turnover for the last year is $70,000. Advise her whether she should register for the GST. (b) A retailer (in Sydney), who is registered for the GST, sells kettles to the public for $66 each, and buys them from a wholesaler for $22 (inclusive of GST). What is the amount of GST per kettle that the retailer remits to the AT 0? (c) Discuss the GST consequences that arise when Lily (in Canberra) sells the house she has been living in as her main residence to Paula for $770,000. (d) What input tax credits (if any) are available in the following situations: a. A company (in Melbourne) that makes soft toy koalas for sale in Japan purchases a photocopying machine for $2,200 inclusive of GST; b. How would your answer change if the company sold soft toy koalas to tourists at the Gold Coast in Queensland