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Vopat, Inc. is a retail store operating in a state with a 5% retail sales...

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Accounting

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Vopat, Inc. is a retail store operating in a state with a 5% retail sales tax. The state law p on es that he retail sales tax collected during the month must be remitted to the state during the following month. If the amount collected is remitted to the state on or before the twentieth of the following month, the retailer may keep 3% of the sales tax collected. On April 10 2010, Vopat remitted $81,480 tax to the state tax division for March 2010 retail sales. What was Vopats March 2010 retal sales subject to sales tax

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