Selling expenses $212,000

Purchases of raw materials $259,000

Direct labor $20,000

Administrative expenses $154,000

Manufacturing overhead applied to work in process $366,000

Actual manufacturing overhead cost $344,000

Inventory balances at the beginning and end of the year were as followed

Beginning of Year End of Year

Raw materials $60,000 $38,000

Work in process $25,000 $33,000

Finished goods $? $44,000

For the year, the cost of goods available for sale was$720,000and the net operating income as reported in its income statement income was $43,000. The company's underapplied or overapplied overhead was closed to Cost of Goods Sold.

How would you calculate company's sales revenue for the year?