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Vail Book Mart sells books and other supplies to students in a state where the sales tax rate is 7 percent. Vail engaged in the

Vail Book Mart sells books and other supplies to students in a state where the sales tax rate is 7 percent. Vail engaged in the following transactions during the year. Sales tax of 7 percent is collected on all sales.
Book sales, not including sales tax, for the year amounted to $272,000 cash.
Cash sales of miscellaneous items for the year were $147,000, not including tax.
Cost of goods sold was $209,000 for the year.
Paid $130,000 in operating expenses for the year.
Paid the sales tax collected to the state agency.
Required:
a. What is the total amount of sales tax Vail Book Mart collected and paid for the year?
b. What is the Vail Book Mart's net income for the year?
\table[[a. Sales tax collected,$,29,330],[b. Net income,,]] Help me get the net income
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