Question: Ivanhoe Co. had the following account balances: Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense Dividend revenue Utilities expense Rent

Ivanhoe Co. had the following account balances: Sales revenue Cost of goods

Ivanhoe Co. had the following account balances: Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense Dividend revenue Utilities expense Rent revenue Interest expense Sales returns and allow. Advertising expense $323000 161500 29400 46300 9200 25200 46300 25500 24100 46800 What would Ivanhoe report as total expenses in a single-step income statement?

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