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What should the repair shops HST payable or refund be

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Question - John Barker owns a repair shop in Ontario, a province that has a 13 percent HST rate. He has asked you to calculate the HST payable or refund for the first reporting period. Given the following information, what should the repair shop's HST payable or refund be?

Sale: 150,000

Equipment: 96,000

Supplies: 83,000

Wages: 19,000

Rent: 17000

What is the correct answer?

A: A refund of 8450

B: A payment of 6500

C: A refund of 3770

D: A refund of 5980

Reference no: EM132567166

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