Use the Following Information for Questions

Multiple Choice

Use the following information for questions
Raney Co.is a retail store operating in a state with a 6% retail sales tax.The retailer may keep 2% of the sales tax collected.Raney Co.records the sales tax in the Sales account.The amount recorded in the Sales account during May was $148,400.
-The amount of sales taxes payable (to the nearest dollar) to the state for the month of May is

A) $8,551.
B) $8,232.
C) $8,726.
D) $9,249.