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Below is information for a companys 2020 income statement. The company's tax rate is 40%. Sales revenue 800,000 Interest revenue 10,000 Dividends 15,000 Cost of

Below is information for a companys 2020 income statement. The company's tax rate is 40%.

Sales revenue 800,000
Interest revenue 10,000
Dividends 15,000
Cost of goods sold 300,000
Sales discounts 16,000
Selling expenses 80,000
Administrative expenses 150,000
Interest expense 3,000
Gain on sale of equipment 8,000

What amount should the company report as Total Revenues on the single-step income statement?

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