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TB 22-04 Carmel Co. earned $20,000 in revenue and pai... Carmel Co. earned $20,000 in revenue and paid $15,000 in expenses (that do not include

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TB 22-04 Carmel Co. earned $20,000 in revenue and pai... Carmel Co. earned $20,000 in revenue and paid $15,000 in expenses (that do not include meals and entertainment). How much GST will Carmel remit using the simplified ITC calculation? (Carmel is in a province with 5% GST.) Multiple Choice $0 O $652 O $250 O O $238

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