Required information [The following information applies to the questions cisplayed below] Moreno Company began Year 1 with a balance of $650 in Sales Tax payable. During the year, the company recorded taxable sales of $96,000. The ending batance in Sales Tax payable was $795. Moreno's sales tax rate is 4%. Required: a) How much sales tax did Moreno collect during Year 1 ? Required: b) How much sales tax did Moreno remit (pay to taxing outhority) during Year 1