HE-44480 company's break-even sales revenue is $830,000, and its variable expenses are 70% of sales. If the HE-44480 company lost $33,000 last year, its sales revenue must have amounted to: (Hint: Contribution Margin Ratio = 1 - Ratio of Variable Expenses to Sales)

Multiple Choice

$720,000

$764,000

$548,000

$797,000