Certain account balances for Skye Products Corp. are listed below. Skye follows ASPE: 

Rent revenue $8,500 Sales discounts $17,800 

Interest expense 2,700 Selling expenses 79,400 

Beginning retained earnings 114,400 Sales revenue 490,000 

Ending retained earnings 74,000 Income tax expense 100 

Dividend revenue 91,000 Cost of goods sold 384,400  

Sales returns and allowances 22,400 Administrative expenses 82,500  

Required Based on the balances, calculate the following: 

1.Total net revenue 

2.Net income or loss 

3.Dividends declared during the current year