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Dodo Ltd . paid $ 1 1 0 , 0 0 0 in corporate taxes. Its cost of goods sold ( without depreciation ) was

Dodo Ltd. paid $110,000 in corporate taxes. Its cost of goods sold (without depreciation) was $400,000; its interest expense was $40,000, its administrative expenses (without depreciation) were $130,000; its depreciation expense was $70,000. What was Dodo Ltd.s revenue, if its average tax rate was 40%?
a.
$940,000
b.
$865,000
c.
$890,000
d.
$1,025,000
e.
$915,000
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