Required: Assuming that where GST applies (i) prices are GST inclusive and (ii) unless told otherwise, a valid tax invoice has been supplied, advise Consult Pty Ltd as to the GST implications of the following transactions. Quiz Information Consult Pty Ltd is a company that gives professional consulting advice on a range of matters. They are registered for GST. During the current tax year, their transactions included the following: * Payment of university fees for one of its staff members: $33,000. * Payment of interest on business loan: $150,000. * Payment to a lawyer for taxation advice: $20,000. * Sales of services to customers in Australia: $2,200,000. * Sales of services to customers located overseas: $1,100,000