1. Beacon Corporation has provided the following information: Cash sales totaled $226,000. Credit sales totaled $503,200. Cash collections from customers for services yet to be provided totaled $69,400. A $20,800 gain from the sale of property and equipment occurred. Interest income totaled $13,960.

How much of these items was included in income from operations?

a. $750,000

b. $777,260

c. $743,160

d. $798,600