Required information$[$The following information applies to the questions displayed below.$]$iSeBookEPrint$1.$ On July $15,$ Piper Company sold $$14,000$ of merchandise $($costing $$7,000)$ for cash. The sales tax rate is $4\%.$ On August $1,$ Piper sent the sales tax collected from the sale to the government$\mathrm{.}2.$ On November $3,$ the Milwaukee Bucks sold a six$-$game pack of advance tickets for $$420$ cash. On November $20,$ the Bucks played the first game of the six$-$game pack $($this represented one$-$sixth of the advance ticket sales$).$