A. Star Bus Company (a domestic common carrier) has the following data for the first quarter of the current year. Gross receipts, passenger operations 8,000,000 Gross revenue from cargo operations 5,000,000 Expenses, passenger operations 4,750,000 Expenses, cargo operations 2,500,000 Gross receipts - rental of facilities 2,000,000 Additional information: 25% of its gross revenue from cargo operations were still outstanding as of the end of the quarter