An eligible Alberta service business is comparing the regula…

An eligible Alberta service business is comparing the regular GST method with the Quick Method. During the reporting period, it has: taxable revenue before GST: $80,000; GST collected: $4,000; GST-inclusive sales: $84,000; eligible operating-expense ITCs: $2,200; and an eligible capital-property ITC: $400. Assume: the Quick Method remittance rate is 3.6%; and the business qualifies for a $300 first-year credit. Which statement is correct?