During 2016, Sigma Company earned service revenue amounting to $900,000, of which $695,000 was collected in cash the balance will be collected in January 2017. Also in 2015 there were collections of cash to the delivery of goods/services totaling $9,300. What amount should the 2016 income statement report for service revenues? $205,000 $770,000 $900,000 $695,000