Illustrate what would ortiz report as total revenue

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Reference no: EM13129112

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.

Illustrate what would Ortiz report as total revenue in a single-step income statement?

Reference no: EM13129112

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