During 2016, Sigma company earned service revenue amounting to $780,000, of which $635,000 was collected in cash; the balance will be collected in January 2017. Also in 2016 there were collections of cash prior to the delivery of goods/services totaling $11,000. What amount should the 2016 income statement report Tor service revenues? $650,000 $635,000 $145,000 $780,000