HE-24246 company's break-even sales revenue is $850,000, and its variable expenses are 80% of sales. If the HE-24246 company lost $35,000 last year, its sales revenue must have amounted to:

(Hint: Contribution Margin Ratio = 1 - Ratio of Variable Expenses to Sales)

Multiple Choice

$645,000

$780,000

$815,000

$675,000