Ortiz Co. had the following account balances: Sales revenue $180,000, Cost of goods sold $$90,000, Salaries and wages expense $15,000, Depreciation expense $30,000, Dividend revenue $6,000, Utilities expense $12,000, Rent revenue $30,000, Interest expense $18,000, Sales returns and allow $16,500, Advertising expense $19,500.
What would Ortiz report as total revenue in a single-step income statement?
a)$199,500
b)$15,000
c)$216,000
d)$180,000.