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? 
A) A refund of $8,450.
B) A payment of $6,500.
C) A refund of $3,770.
D) A refund of $5,980.
Correct Answer:
Verified
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