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Studio M in Calgary had retail sales of $575,840.25, including GST, during the last quarter. Over the same period the business purchased $346,000 worth of
Studio M in Calgary had retail sales of $575,840.25, including GST, during the last quarter. Over the same period the business purchased $346,000 worth of supplies, plus the GST on these goods and services. What GST must be remitted (or refunded) by Studio M for the last quarter?
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