Torres Snowboard Store operates in Barrie, Ontario (HST of 13% ), Torres has a perpetual inventory system. The following selected transactions took place during August, 2022. Aug. 1 Purchased $20,000 (plus HST) worth of snowboards ( on account) from Burton Snowboard Manufacturing Company. 7 Purchased a snowboard storage rack for the store. Paid $2,000 ( plus HST) for the.rack. 11 Returned $3,000 worth of snowboards ( from the Aug. 1 purchase) to Burton Snowboard Manufacturing Company. 18 Sold $1,500 (plus HST) worth of snowboards to Martin Gonzalez (on account). The cost of the snowboards was $900. 22 Martin Gonzalez returned $500 worth of snowboards ( from the Aug. 18 sale). The cost of the snowboards was $300 and they were returned to inventory. 30 Paid the quarterly remittance of HST to the Receiver General. The HST Payable was $4,000 and the HST Recoverable was $6,000 at the end of the quarter. Instructions