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For Year 1, the Sacramento Corporation had beginning and ending Retained Earnings balances of $173,967 and...

For Year 1, the Sacramento Corporation had beginning and ending Retained Earnings balances of $173,967 and $211,900 respectively. Also during Year 1, the corporation declared and paid cash dividends of $25,500 and issued stock dividends valued at $15,500. Total expenses were $40,916. Based on this information, what was the amount of total revenue for Year 1?

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Please find below table useful to compute desired results: -

End results would be as follows: -

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