Vail Book Mart sells books and other supplies to students in a state where the sales tax rate is $8$ percent. Vail Book Mart engaged in

the following transactions for Year $1.$ Sales tax of $8$ percent is collected on all sales.

Book sales, not including sales tax, for Year $1$ amounted to $$279,000$ cash.

Cash sales of miscellaneous items in Year $1$ were $$146,000,$ not including tax.

Cost of goods sold was $$210,000$ for the year.

Paid $$131,000$ 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 Vail Book Mart's net income for the year?

a$.$ Sales tax collected

b$.$ Net income