Question 8 (1.5 points) Mason Corp. operates in a province with a 8% PST. The store must also collect 5% GST on all sales. For the month of May, Mason sold $ 120,000 worth of goods to customers, 40% of which were cash sales and the balance being on account. Based on the above information, what is the total debit to accounts receivable for the month of May? 1) $ 72,000 2) $ 81,360 3) $ 54,240 4) $ 35,600