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XYZ Company received $42,000 including sales taxes. If the sales tax rate is 3%, what is XYZ Company's sales taxes payable for the month?* $1,223

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XYZ Company received $42,000 including sales taxes. If the sales tax rate is 3%, what is XYZ Company's sales taxes payable for the month?* $1,223 $1,260 O $40,777 O $42,000

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