M Studios (Quebec) Had Retail Sales of $293,635

Multiple Choice

M Studios (Quebec) had retail sales of $293,635.25, including PST and GST, for the last quarter. In the same period M Studios purchased $250,000 worth of supplies and paid the GST on these goods. What GST must be remitted by M Studios (or refunded) for the last quarter?

A) $11,765.91
B) $269.53
C) $10,301.40
D) $451.50
E) $275.61