A. Financial Reporting Income Statement (5 questions) Capital River Bank Engineering to a year-to-date income statement to answer in order financing for their expansion. Using the figures below, following questions. For a 12 month period, as of December 31, 2016: Project Revenue $780,000 Other Income $7,200 Direct Labor $270,000 Indirect Labor $153,200 Payroll Burden $62,000 Rent & Utilities $15,000 Equipment Leases $8,500 Maintenance & Repairs $1,800 Supplies J $3,100 Insurance $24,000 Professional Services $10,000 Interest $6,000 Other $15,000 Federal Taxes 30% 1. What is Hornet's Total Revenue for 2016? a) $780,000 b) $787,200 c) $797,200 d) $807,200